AJX 9.09% 1.2¢ alexium international group limited

The 25% capital raising (as mentioned in the AGM announcement)...

  1. 531 Posts.
    lightbulb Created with Sketch. 52
    The 25% capital raising (as mentioned in the AGM announcement) is probably necessary and indicative of managements confidence factor of having enough money to keep functioning through profits. I am assuming that there is a number of new shareholders in AJX over the last 6 - 9 months and perhaps they may be keen to participate. Further dilution for existing holders it seems and may add some hindrance on achieving a significantly higher share price. I am sure it will be passed at the meeting.

    GLTAH
 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
0.001(9.09%)
Mkt cap ! $18.74M
Open High Low Value Volume
1.1¢ 1.2¢ 1.0¢ $2.259K 207.5K

Buyers (Bids)

No. Vol. Price($)
1 167949 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 80180 3
View Market Depth
Last trade - 15.40pm 28/06/2024 (20 minute delay) ?
AJX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.