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9.09% 1.2¢ alexium international group limited

Ann: Alexium Announces Rights Issue, page-154

  1. hammer66
    900 Posts.
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    30/10/19
    19:50
    Post #: 41155362
    Sorry forgot to add.
    5. I am prepared to give our CEO and CFO the benefit of doubt, because l believe thst they may have been caught off guard by the creditors request and as such had to act quickly.
    6. I going with they need to repay 2M. If they raise 3 to 6M that will be 50M to 100M Dilution. I can live with 457M shares on issue.

    Anyway thats me done. Right or wrong!
    Best of luck.
    H
    AJX Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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