Double bottom in place at 34.5c.
Great support even if initially from the share buy back. They have done this brilliantly, at the cheapest possible way for shareholders. We have the quarterly report soon that should clear up all issues surrounding JV, cash position, etc etc
And of course we all know a deal will be occuring some time soon to ensure the CGT are offset.
Even the market depth looks to have changed significantly.
My opinions of course for what they are worth, but could see a significant bounce if AZZ is indeed proved to be undervalued given cash backing, JV income and possible future acquisitions.
Good luck to those who have stuck with the company.
Double bottom in place at 34.5c. Great support even if initially...
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