AJX 0.00% 0.8¢ alexium international group limited

Biding my time to step in. The EGM also needs approval to issue...

  1. 61 Posts.
    Biding my time to step in. The EGM also needs approval to issue 785,718 shares to existing and re-appointed directors (as 'financial benefit 'which I take to mean free) compared with those investors who have to cough up 35c per share. I stand corrected that the directors may have to pay foe their shares, but if not I am just wondering whether AJM is onto a good thing. What effect will the EGM have on the SP?
 
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