Ann: Appendix 4C - quarterly, page-233

Hi Hammer
My thoughts and these are IMO as to why this may be headed private is as follows-
* increasing debt
* shrinking MC
* declining communication to the market
* ASX reporting obligations is jeopordising existing and new contracts
* constant pressure on board and management from public retail shareholders taking its toll and to some extent provided clients with an unfair advantage as they are aware of vulnerabilities
* personally I feel that Alexium would benefit in being a private organisation.

If management were to buy out public shareholders I would imagine it would be at a much lower price than the current MC. The cheaper the MC the better obviously.

However as Hotcoperinvestor says an announcement with regard to military and or a licensing deal with NF could quash the above theory.

P.S Hammer I asked the same question a week or so back so would be great to hear others views in relation to this. Also this is a great topic to keep on the radar for various reasons.