The company put a trading halt on these results because they thought these results were very positive and therefore expected a positive response to the share price. What has happened is totally unexpected by the company and the majority of investors. The hindsight heroes are now saying this was always going to happen. Why has this happened well I suggest some investors took the punt from recent lows and bought up big in anticipation of some good results. They got their good announcement and took their profits, they were always going sell into the announcement so good job the results were good. Let them finish their offloading and hopefully from 1 July we should see a push back up in price. The drill results have not caused this drop they are looking very promising and I am sure further drill results will confirm this. Hang in there and you should be rewarded all IMHO of course.
AZS Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
