this weeks trading..., page-12

IMHO, trading patterns and low volumes (1.5M average, that is 0.5% of the shares issues, many of them were from BOT) indicates that major share sholders & punters have been agreed on the current SP (51c-53c) taking into account the risk/reward. No one wants to break into this arvo 500K @ 53c wall. On the other hand, 51c-51.5c were picked up as soon as they appeared on the sell side. This quiteness does show the absence of any leak - thanks to the AZZ management.

We are at the very end of a long journey. It appears that luck is not on AZZ side (in comparision to AUT/OEX/ADI etc.). But the AZZ management has showed their best efforts (eg. raising cap at above market price a number of times). They got a praise from me.

IMO, I hope that we will have an brief announcement on Monday 25/10 (re any bid at all) - and a much clearer picture on Modnay 01/11 after a sale agreement has been signed.

Good luck to all share holders.