AJX 9.09% 1.0¢ alexium international group limited

The BS at the closing auction continues, page-5

  1. 1,256 Posts.
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    Yes NZdude, its just the way of the matchout to ensure priority. If Nothing changed, he would have matched out at 35c. The only risk with it is if all the buyers at 35c and 34c all the way down to 32c pull out at last second. Not going to happen.

    While I’m here, I’m not surprised we have drifted down to 35c ahead of deadline for SPP but surely HC followers now recognise the SPP will be scaled back heavily unless everyone has now topped up at 35c ahead of time. Why aren’t instos mopping up? Well its still pretty thin trading at this level, its Xmas so why trade and force admin settlements to work over Xmas, etc.
    it could be a very different story once the SPP closes but as of yet, I’ve not received any paperwork for it in the post. Have others received it? It was supposed to go out on the 14th.
 
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