AZXOA

Since the squabble between the company and its biggest shareholder, followed by a desire to settle the issue by amalgamating the two companies, this stock has been on a downward trend. Yet the amount of gold uncovered has risen and POG has stabilized at over USD$1600 per oz.

Not all my purchases on the ASX have done well. This one has nearly halved in recent time. But why should it? Market does not like boardroom problem. However, that has been settled. Still the share price has not gone up. Perhaps because it has not actually physically dug it up yet.