RE:40% dilution? It is now time to get out of this guys!Soigne ta depression mon Paray...tu capotes pour un rien. Tu ne reussiras pas a faire du cash avec tes ventes a decouverts avec ces bonnes nouvelles.
AZM vient d'avoir 25 M$ de financement avec une partie a 3,26$/action alors que le SP de AZM vaut environ 2,10$. (Une prime de 50%)
C'est excellent comme financement surtout dans le contexte ou l'on est presentement!
25 M$ de financement... c'est normal d'avoir un peu de dilution.
Paray99 wrote: Well understood that yesterday Azimuth team made it a big game ...
Halted trading for sometime to give the impression that there is some extraordinary drill results or other news coming in..... then resume trading with the drill results........ pump the stocks up for their buddies to get out..... then crash it down by 45 cents....... All these followed with $25M dilution today..... Guys, that is about 40% dilution....
They say they have world class properties.... now I don't trust them any more... At least the latest news pattern worries me and now I start to think probably they don't have much more drill results better than already published in the near future.... at least until they pocket this new financing.
For me, it is quite obvious to think that they leaked the news to their buddies beforehand, especially looking at yesterday's price action after a so called good drill result....
Also, what if their buddies already knew yesterday's results or it was part of the first drill results, simply held to pump up before the $25M dilution. Because, now we have to think that yesterday's results were already priced in much before....