Selling in Antipa, page-7

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38

17/05/23

20:08

Post #: 67829813
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3.6 billion shares on issue now...Top 20 ~ 38% = Loose!
AZY has done multiple...sooo many small 'mates' style Capital raises and just lazy lifestyle management over the years since RIO...feels like they just took things for granted and its all catching up...maybe thats harsh but the way it has seemed to me for a long time now...

Agree it does seem like a few bigger holders selling....finally sick of the rubbish, promises ect ...or do they know something us punters dont?
Must be so many "sophs" (from the CRs) out there holding millions of 'free carry' shares...maybe that's were the avalanche is coming from?.....

Originally posted by Onceover: ↑

It looks to me like a large holder has been exiting. Possibly overnight orders out of London, executed by local broker keen for brokerage and with less regard for price. Interestingly, a lot of the trades in the last few days have been crossings (broker to broker or client to client within a single broker). But not today. It looked to me like it was over yesterday, so maybe today is just the panick-stricken market following through. But I am no expert in these matters. Does anybody else have any further clarity on this? Cate88?

There would appear to be nothing whatsoever wrong with the company's actual operations or funding?

Rio, IGO or NCM moving?

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Im holding again in the red a little...seems so cheap @ 50 million MC but starting to feel we dont know the real story! AZY has always been leaky!
Cheers.

AZY Price at posting: 1.5¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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