AZS 0.00% $3.69 azure minerals limited

Something's Cooking, page-40

  1. 9,253 Posts.
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    Whilst these sell orders look very dire and their timing is typically late in the day, we need to remember they were not executed on the close or may not be executed tomorrow.

    Theory 1 - some holders definitely want out.
    Theory 2 - maybe someone is capping the share price from any gains until the final JV position is sorted.

    Over the last 5 trading days there have been 15.1m shares traded at a VWAP of 2.990 cents.  VWAP was at its highest today at 3.0786 cents.

    It makes no sense that the share price would decrease noting that assays are imminent and JV could be finalised at any moment.

    Either way, I think an announcement is needed to dissuade any adverse trading in the lead up to results, that is assuming the upcoming results are worthy of a re-rate.

    dolcevita, I'd be interested to hear your take on events.
 
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