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bigboyo - Fri, 30 Dec 05 :

we are forgetting market cap

each cash raising exercise adds stock

so the market cap two years ago with the same price is significantly lower than the market cap now with the same stock price

at 400p azm would be valued at 600 million pounds --- highly unrealistic --- even CAT with loadsa money and a product on sale with royalty stream established is not valued at this price

we need to be realistic ---- steady as she goes

by the way as per my previous post i am out of azm and waiting for a suitable RE-entry point -- which i will not state here in case i am accused of deramping


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