AJX 0.00% 1.1¢ alexium international group limited

Ann: $12m Institutional Placement and Announcement of $3m SPP, page-60

  1. Dis
    3,746 Posts.
    Part of the reason is that everyone can potentially get up to $15k worth of shares for 35c each, why would you want to pay more?

    Volume

    And not wanting $15K tied up for a month, only to be told you have $3K of shares, while the shares themselves trade well above the SPP price.
 
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