AZX 0.00% 28.0¢ auzex resources limited

Temujiin, the winners now also includes BBY who are underwriting...

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    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.
 
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