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1.1¢ alexium international group limited

Ann: Alexium announces refinancing and capital raise, page-3

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SebTaylor

1,066 Posts.

818

27/12/23

11:21

Post #: 71625530
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Originally posted by Delips: ↑

glad this is out in the open, at least Billy, Bob and the big investors are partaking. Also convertible note at 0.015 is interesting but shows support. Worst thing is the amount of shares to be issued , but the big boys seem positive about it. Now for this mere mortal have to decide whether to sink more funds into it, hopefully some progress and revenue may help with decision but currently eek

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Yes its going to be the SOI thats the main worry ... I'm away from a computer but it will be over 800m new shares ... so probably doubling the existing SOI.

But it's all underwritten and it's not an immediate raise so that will give us some time to decide and the company to drop some news ...

also im thinking maybe a 1 for 4 entitlement ?

But as noted it's underwritten so whether shareholders participate or not the cash will be raised.

AJX Price at posting: 1.5¢ Sentiment: Hold Disclosure: Held
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