This morning I decided to have a re-look at AZS. The results have been interesting - it might change the way I trade in STT.
Here's my FA analysis from my post here
Now, lets rewind and look at the chart:
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Currently, Market Cap is at 42.91M @ 3.9c a share. Thats a 35.41M premium for a financially sound company. This wasn't always the case:
This stock retraced to 0.9c in the Aug. Market Cap here would be 42.91M / 3.9 *0.9 = 9.9M, a measily 2.4M premium for a mining stock. Compared with others, this is pretty good. Once the stock was not making new lows and was heading towards an uptrend (around 1.3c mark?), this share exploded.
In the next post, I will cover WKT, which also did similar things.
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This morning I decided to have a re-look at AZS. The results...
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Glen Diemar, MD
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