AZS azure minerals limited

He's been the managing director for a long time, and Azure's...

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    He's been the managing director for a long time, and Azure's share price has been falling for that duration too. He needs to be booted.

    Bottom line is this: why isn't the managing buying more shares? People will say he mustn't see value at these levels. Can't blame them - neither do I.

    AS A CURRENT INVESTOR, I DON'T THINK AZURE ARE WORTH "PUNTING" ON. My warning is mainly to new investors, and to provide a different perspective from the hype you'll read on here.

    All the uprampers will sing this company's praises, and that of the managing director. But read into this company's history of failures and investor disappointments, and you'll quickly learn why I'm so pessimistic.

    Nobody should forget Mexico, which was trumped as the future of the company - now being sold-off and blamed on Covid-19. Absolutely inexplicable.

    FUTHER, I PREDICTED THE CRASH FROM CIRCA 80 CENTS TO 20 CENTS using charts (see my comments from earlier in the year) whilst the uprampers on this forum condemned me.

    MY CHARTS NOW SHOW A PLUNGE BACK TO BELOW 30 CENTS, which corresponds with the 100 DMA (weekly charts). For this stock, the chart never fails me.

    But now, shares shorted are are also rising - never a good sign. Such a pattern was the prelude to a plunge from the $1.02 high from last year all the way to my 20 cent target.

    Azure must bring in a fresh mind to replace this managing director - it's way overdue. Then perhaps Azure will genuinely have a brighter future.

 
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