The Listing from Nick Clark, page-7

hmmmm -------------- "If the investment banks and their clients (institutions/private investors) want to buy AJX then there will be a very limited supply on the NYSE, if the IPO is a maximum of $20m. "


that was my immediate thoughts after the phone conversation ------------

BUT -------- he said that the NYSE would be the listing that had the liquidity - so, why would that be?

I didn't get to ask that - but, that is a bloody good question for Adelaide imo. (also a question on migration - because some of our bigger holders will migrate - so, wonder when they can do it - and how fast the process is? )

My thoughts are only that the NYSE is a much more liquid exchange - and possibly that they will have a reasonable number of shares listed ---------- but, hmmm, what 'portion' of Alexium Inc. will that be????

And, then of course --------- what price will it list at and then of course what price will the market there drive it to????????????

Buggered if I know ---------- I am completely in the dark on that lot.

It certainly makes me wonder if they might buy here before the NYSE listing --------- I don't know if they will - but, it makes me wonder.

We know that Eddie Sugar put some clients in here weeks back --- so, they do do it - what they will do if they buy that stock , I have no idea - ie. migrate it or not.

I wish I knew a lot more about this sort of thing - because there might be a hell of a stag like opportunity staring us in the face here --------------- a bit complex for me - and I am pretty sure I would have to get some heart pills for my accountant - but, it sure could be worth investigating.

have a great day

Pinto