AJX 4.76% 1.0¢ alexium international group limited

Ann: Trading Halt, page-14

  1. 414 Posts.
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    All evidence suggests is a good reason:
    1- they were very explicit about only needing a CR if a big order came (military, etc)
    2- they have enough money in the bank for the foreseeable future
    3- they are cash flow positive
    4- they have explicitly said the low share price does not reflect where the company is at. So they would only do a CR at a significant premium

    These are all based on publicly available announcements. I will look forward to the "important further information"
 
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