AZR is an easy takeover target. The largest holder is a hedge fund run by RAB Capital in London who snapped up 50million in the underwriting at 20 cents. and whilst there is hot hedge fund money invested takeover talk is nearby .
maybe RAB have only shuffled their position from one fund to another ..but what is also possible is that they have brought in another, bigger hedge fund
This stock has 50 cents written all over it...post mine commissioning ..but that wont deter hedge funds from moving in now
AZR Price at posting:
0.0¢ Sentiment: None Disclosure: Held