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1.1¢ alexium international group limited

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Ironhorse

556 Posts.

3

17/09/16

15:44

Post #: 19226570
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Originally posted by pintohoo ↑

hmmm - looking at wiki makes it a bit simpler for me

https://en.wikipedia.org/wiki/American_depositary_receipt

level 2's would be fine - level 3's only if you need to raise. ----------- No point in level 1's

View attachment 255689

also --

"Each ADR is issued by a domestic custodian bank when the underlying shares are deposited in a foreign depositary bank, usually by a broker who has purchased the shares in the open market local to the foreign company."

same ref.

I can't see why it wouldn't be perfectly doable to go level 2's with no raise.

Lot less fuss than level 3 and if you don't need the money????? why not?

Expand

So if we have enough money....
Maybe licensing agreement?
Going to be making 18m by the end of year...
The intention of getting taken over....,

Why bother listing in the US, why not stay as we are....,

The other US FR companies, already know who we are...

Now if someone was already interested...
or someone is interested in say 19% ...

Then you wouldn't bother listing right...

won't mater cause at the end of the day we get the same price for our shares....

All imo

Last edited by Ironhorse: 17/09/16

AJX Price at posting: 54.0¢ Sentiment: Buy Disclosure: Held
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