AJX
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5.00% 1.1¢ alexium international group limited

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

  1. Dis
    3,746 Posts.
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    11/12/17
    14:36
    Post #: 29538653
    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.
    AJX Price at posting: 37.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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