I don't see it as ridiculous at all that if these orders don't eventuate in a timely fashion that they don't get their share allocations.
They're not being issued the shares for free, they're paying for them as part of a capital raising. You can't stipulate a performance rule on an outright purchase of shares in a capital raising. I have never heard of this. Do you have a reference to this sort of deal?
And again if you think something isn't fair and you decide to live with it rattan doing something about it means your a part of the problem, not a solution!
lol, I'm not here to solve the problems of inequality. Life is full of inequality. Just the fact that sophisticated investors (ie the rich) get preference over the rest of us in a significant placement is inequality. The fact that we as standard investors cannot get broker codes or easily midpoint trade in a dark pool is inequality. The fact that BOTs can do 10cent trades over and over again for no cost via a computer directly connected to the exchange in the same building is inequality. The fact that people get and act on insider info frequently is inequality. Where do we stop? Should I tackle all these issues with zest to prevent being called part of the problem?
Someone is not in the real world here, and it isn't me.
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AJX
alexium international group limited
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0.6¢

Ann: $12m Institutional Placement and Announcement of $3m SPP, page-67
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Last
0.6¢ |
Change
-0.001(14.3%) |
Mkt cap ! $9.518M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $527 | 87.87K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 918907 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 417674 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 918907 | 0.006 |
5 | 1504987 | 0.005 |
2 | 570000 | 0.004 |
1 | 700000 | 0.003 |
1 | 800000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 417674 | 3 |
0.008 | 3237282 | 5 |
0.009 | 1260713 | 3 |
0.010 | 901368 | 5 |
0.011 | 1810000 | 4 |
Last trade - 12.01pm 21/07/2025 (20 minute delay) ? |
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AJX (ASX) Chart |