Hello all, welcome to the end of our abbreviated Trading week..... have had a chance to read through all of the recent post from todays threads... many super informative.
STILL STANDING BY an earlier post from a few weeks ago " Drilling Guaranteed"!!
Noticed that there was a few shareholders that questioned the timing of today's announcement and subsequent trading halt. It did indeed appear based on the premarket buyer/seller ratio that AZL could have been poised for a slight "Bull-run" to open Friday's trading day and as stated by on Hotcopper member.... "Could have closed at or north of 0.10c range by closing bell".
AZL is looking to raise capital ...... as do many companies both large and small in order to expand, restructure, network or in the construction of facilities such as warehouses. Are capital raises bad press for "Small Cap" companies? The answer is HELL NO!!!!!
Unless of course there is no drilling approval looming and remember that you heard it from the "HITMAN" first!!!! Approval a certainty!!!
But management, in my opinion has played this perfectly once again. Imagine if AZL had decided to release their announcement pre trade Monday of this week or any other day of this week for that matter. There would have been day traders galore doing their utmost to cause panic in novice traders into dumping their shares at a rebated price (*yes I used to be a day trader as well....now prefer to find and keep.... and not manipulate) for something that in the grand scheme of things equates to nothing more than their (AZL) pursuit of expansion and that there are definitely BIG things on the horizon for AZL.
EARLY CHRISTMAS presents coming soon for ALL
P.S.
I believe that someone in Wikieup, Arizona is currently looking to employ a "Remote Directional Drilling Specialist"..... anyone looking for a job???? LOL
The only other mining company (Bradda Heads) in the area already has this position filled
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.10M |
Open | High | Low | Value | Volume |
1.5¢ | 1.6¢ | 1.5¢ | $20.09K | 1.339M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 2019557 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 4047432 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 1864557 | 0.015 |
34 | 6030715 | 0.014 |
17 | 3949282 | 0.013 |
8 | 2929151 | 0.012 |
10 | 5657090 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 4044932 | 22 |
0.017 | 1461470 | 13 |
0.018 | 1040240 | 9 |
0.019 | 1794989 | 5 |
0.020 | 2537025 | 10 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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