Have to agree concerning short term investors. Longer term investors have to ask themselves if the change of " plans" really warrants a 33% fall in share price. A clue might be the Argonaut report in Oct. "AZZ remains a case for investment EVEN without the transaction occurring, valuation without transaction 92c. Current target price 69c. They also suggest that "other buyers are waiting in the wings". James is no fool and it makes me think that Mr Market has way overacted.
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Have to agree concerning short term investors. Longer term...
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