I keep coming back to those very factors too @tigerted why are Colintons, Wentworth and Billy etc backing it?? Surely they are expecting some return (their avg is a lot lower than most though). I do have a concern that with the raise and paid convertible note that Colintons voting power will be over 20%. Say if there was a low ball takeover offer but good enough for Colinton they could possibly get a vote through and the little guy would get shafted. Not that I think that is Colintons intention at all but I am wary of that.
Lets hope they are accurate in their forecasting and revenue starts increasing = SP increase. Maybe not to the heights we all would like but if the business is profitable, cash positive etc maybe in a year or so shareholders can get a bit more back than the huge loss some of us wear now. Like has been stated previously we are still alive, while there is a heartbeat there is a glimmer.
They have still put cashflow positive in FY24 in the presentation????????? bit skeptical on that hope to be wrong.
- Forums
- ASX - By Stock
- Ann: Alexium announces refinancing and capital raise
I keep coming back to those very factors too @tigerted why are...
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AJX (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $20.25M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $2.021K | 159.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 181195 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 39611 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 181195 | 0.012 |
2 | 1250000 | 0.011 |
4 | 4700099 | 0.010 |
4 | 304803 | 0.009 |
2 | 182600 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 39611 | 1 |
0.014 | 159822 | 2 |
0.015 | 1585046 | 6 |
0.016 | 65000 | 2 |
0.017 | 106500 | 2 |
Last trade - 14.09pm 10/05/2024 (20 minute delay) ? |
|
|||||
Last
1.3¢ |
  |
Change
0.001 ( 18.2 %) |
|||
Open | High | Low | Volume | ||
1.2¢ | 1.3¢ | 1.2¢ | 92611 | ||
Last updated 14.09pm 10/05/2024 ? |
Featured News
AJX (ASX) Chart |