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1.1¢ alexium international group limited

Agree with you that management is putting long term future of...

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Keffola

1,558 Posts.

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03/05/17

13:26

Post #: 24439695
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Originally posted by Parsifal ↑

Actually I am more than happy that they haven't converted the licences. One year ago they would have been much more vulnerable in terms of power dynamics. As cash comes in, their reputation grows and prospects improve they can drive a tougher bargain. There is one thing about a winning approach to negotiation - be prepared to walk away.

Hurrying a licence deal just to satisfy our current view of the world as shareholders is not necessarily meeting their responsibilities. I'd much rather they get the best possible outcome for both the short term and the long term.

Parsifal

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Agree with you that management is putting long term future of the company over short term share price movments in negotiating the best deal on the licenses.

The flip side to that though is that they did flag revenue from these deals for the end of last year, so I feel it is justified that shareholders question the delays.

AJX Price at posting: 50.0¢ Sentiment: Buy Disclosure: Held
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Last 1.1¢		Change 0.000(0.00%)		Mkt cap ! $17.18M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$118	10.75K

Buyers (Bids)

No.	Vol.	Price($)
2	86750	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	2629961	3

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No.	Vol.	Price($)
2	97500	0.011
6	4732035	0.010
3	511210	0.009
2	182600	0.008
1	200000	0.007

Price($)	Vol.	No.
0.012	2629961	3
0.013	1987914	4
0.014	134311	1
0.015	36316	2
0.017	15000	1

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