AZH 0.00% 24.5¢ azimuth resources limited

trading halt

  1. 8,952 Posts.
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    Well this is something I've been hinting at for some time. I know the sector has been hit hard but the AZH sp has been behaving oddly since it's high of 99. It's a pity they couldn't have donee it when the sp was 99 but if this is the one which is targeted at the nth American market then they would of wanted some upside , hence the little pushes down , down , down. Let's just hope this clears the decks and brings this little gem to the attention of the Nth American market. Funny, thought they may of left this for a while as the cash balance looks pretty solid considering they have scaled back operations. No point in doing a piddly little raising now and big one later in the year. Could they be ramping things up faster, I would think that is definitely on the agenda.
 
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