Great questions Pinto.
Perhaps I can give an overview of how the meeting proceeded....
The Alexium team were on the sign in table. Nick was the first to introduce himself to attendees (very warm , friendly greeting).
1. A draft video was shown which was targeted at the military. It showed all Alexium staff. Nick highlighted their names and roles. Wanted the shareholders to know the faces behind the names in announcements.
2. Resolutions
3. A comment that the other Board Members will travel to Australia next year (non attendance this time finance driven mostly but also other impt meetings).
4. Nick then went on to discuss where Alexium has been and where the company is going.
1-4 (pred 4) took about 1 1/4 hours at which time the meeting finished and attendees invited to ask additional questions individually over afternoon tea.
Nick's presentation was very interesting and informative. Very few questions asked due to lack of opportunity / time constraints.
Your questions:
A. Final Target: Not really. Don't want takeovers. Have more runs to get on the board. Have 10% holdings so can stop takeovers.
B. Listing: Investment Bankers will decide best timing. Could be Dec or Early Jan or ....Not an issue as this will not impact on the growth of the business. Do not want to go at a time when the markets are soft. Waiting for the right time....
C/D. Don't know re ADR's. Could be 10:1 or 20:1 or 5:1.
Did mention that they look at the value of OTC - more relevant than the Aus share price.
E. Interview comments: No
- Forums
- ASX - By Stock
- AJX
- Agm notes
Agm notes, page-42
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AJX (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.05M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $1.8K | 200K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1437000 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 69141 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.009 |
6 | 1437000 | 0.008 |
5 | 3810194 | 0.007 |
3 | 414667 | 0.006 |
1 | 300000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 69141 | 1 |
0.010 | 165455 | 2 |
0.011 | 986958 | 3 |
0.013 | 240000 | 1 |
0.014 | 134311 | 1 |
Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
Featured News
AJX (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online