AJX 9.09% 1.2¢ alexium international group limited

Ann: Suspension from Official Quotation, page-32

  1. 34,916 Posts.
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    Who are these big players though? Largest holding is under 10% followed by 7% then 3%. Hardly have the influence to make demands and the gains out of increasing holdings by a few percent ( based on others not participating in the rights issue) seems counter-productive to me in light of the share price drop we're going to end up with. I can't see this as being the likely scenario. The company could easily continue without a major shareholder or two because they're just not that major.

    Interestingly all directors between them only hold 4.5mill shares and 3.1mill of those are Brookins (undoubtedly most are performance-based over t ime). Pretty poor really.

    Gonna relax now and let this play out.
    Last edited by makattack: 31/10/19
 
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