Temujiin, the winners now also includes BBY who are underwriting the rights issue. They have to be long termers because the market does not have much faith in AZX. Take a look at the lack of volumes and the SP below the rights issue price. Once again only EV/oz keeps me in and the assumption that BBY have done their homework and expects a return (beyond commissions) for their underwriting of an otherwise contemptable riff-raff management team.
AZX Price at posting:
26.3¢ Sentiment: None Disclosure: Held
