AMX aerometrex limited
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Ann: Trading Halt , page-9

  1. Tech Step
    668 Posts.
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    28/05/09
    14:21
    Post #: 5214554
    Correct me if I am wrong.

    they have already issued a heap of capital this FY. I am not sure of the exact cutoff but I assume that they will have to get shareholder approval to issue more capital (to instos etc) unless they offer it to all existing shareholders.

    I would be reluctant to put any more of my hard earns into a company at ~30c when I participated only a few months ago in a SPP for 6c _unless_ there were some good results.

    they could be getting a JV partner, which could be considered a "fundraising" activity???

    I guess we are all just guessing now. Time will tell.
    AMX Price at posting: 33.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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