AZL 5.26% 2.0¢ arizona lithium limited

shot themselves in the foot

  1. 8,265 Posts.
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    assuming the SPP received Board approval on Friday at 4.2c


    how dumb are these guys to release the SPP at 4 PM and at 4.2c


    All they had to do was look at the screen and say lets make the SPP 8c by waiting a few days and applying their 20% discount incentive to punters then.

    Assuming of course the share price move yesterday was not engineered to get someone to exit.


    Up till then Sikiotis has been doing things very very well........yesterday he was made look like a chump once the news hit!


    The company has basically said a fair price for ZYL was around 5.5c


    i feel thats where this will get to in the absence of any news and could even fall furtehr if we find out a major holder sold into yesterdays rally.







 
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