2. I was in AZZ a long, long, time ago and don't ever remember YOU posting about the company. Fortunately I got out before the big slide in price.
3. Regardless of OTHER companies success in an area doesn't mean SQUAT in the O & G business until YOUR wells are financed, drilled, and start ACTUALLY producing something. Until then you got hot air and a (wet) condensate dream. And I'll give you two perfect examples: ADI and Elk.
4. Given the company history and in general the current state of MOST companies in Australia, I wouldn't trust ANY company to do the right thing for the ordinary shareholder. Face it we come last and are usually treated quite poorly in the scheme of things. And I can give you many examples ranging from billion dollar caps right down to the bottom of the barrel.
5. In the end if you make a company 100% bigger and dilute by 100%, the only ones that end up getting rich are the insiders.
AZZ Price at posting:
31.0¢ Sentiment: None Disclosure: Not Held