Take a quick look at the Trading Analysis,as indicated on an Iress DMA platform.
AZM opened @ 25c with a HUGE dump of over 1 Million shares that were sold down from yesterday's close - 1.14 Million shares have been sold @ 25c = half of the days trading.
The selling has continued, spread like an infection through the "nervous nellies" who always want "something for nothing".
The selling will end when the those that I have described above have run out of stock to sell - what then?
Value for a Company with realistically over 2 Million Oz of GOLD in shallow open pit mining is obviously worth more than 23c = opportunity plus, imho.
I am not here to 'ramp' AZM - What I have stated above is fact, facts that are available if you have a DMA platform available to you and if you are prepared to do the appropriate research.
:) Fish
AZM Price at posting:
23.0¢ Sentiment: LT Buy Disclosure: Held