AJX 0.00% 1.1¢ alexium international group limited

Ann: $12m Institutional Placement and Announcement of $3m SPP, page-97

  1. 2,935 Posts.
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    Hehe I've dipped my toe in again today, small allotment, as it doesn't look like its dropping below the SPP price near term, which is likely going to be oversubscribed anyway, so happy with paying the extra cent and a bit. I'm still wary of a SP drop following the nesxt 4c or 1H, so I'm hedging a little by not buying much.
    Its a good long term investment imo, that one day - years away - I think could be worth quite a few times more than today's MC, but also one that still has a tendency to get ahead of itself, so plenty of opportunities to trade and cash in early along the way.
 
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