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1.2¢ alexium international group limited

Ann: $12m Institutional Placement and Announcement of $3m SPP, page-95

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mpv2

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13/12/17

12:34

Post #: 29596118
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Originally posted by oldtimer2 ↑

Yes I ended up buying back at 36.5c the ones I’d sold at 37c simply because having held for such a long time in that account (which of course is the one which is smallest and has residual tax losses, so nothing seems to work for it) I didn’t want to risk getting $200 worth instead of $15k worth in the SPP. Only this SPP is currently holding it back, and perhaps fear of insto scalpers selling down (probably legit fear). However, one significant contract announcement before the end of the year or early in January when instos are away and it’ll be like trying to stop a 30kg kingfish. I’m not a believer that instos will “conspire” to knock down shares to discourage the SPP. They are committed in the placement anyway, and the SPP currently encourages small selling by retail. Its small biccies compared to a rising share price and better end of year portfolio valuations (therefore higher fees, more bonuses).

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My take is that they will used their stake to short the stock to average down. We shall see.

AJX Price at posting: 36.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $17.31M

Open	High	Low	Value	Volume
1.1¢	1.2¢	1.1¢	$1.148K	103.6K

Buyers (Bids)

No.	Vol.	Price($)
2	1274784	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	238901	5

View Market Depth

No.	Vol.	Price($)
2	1274784	0.011
2	3058333	0.010
3	1422222	0.009
1	75000	0.008
2	240000	0.007

Price($)	Vol.	No.
0.012	238901	5
0.013	97458	1
0.014	151511	3
0.015	906200	4
0.017	321118	2

Last trade - 14.10pm 21/10/2024 (20 minute delay)

AJX (ASX) Chart

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