Hi Hammer My thoughts and these are IMO as to why this may be...

Hi Hammer
My thoughts and these are IMO as to why this may be headed private is as follows-
* increasing debt
* shrinking MC
* declining communication to the market
* ASX reporting obligations is jeopordising existing and new contracts
* constant pressure on board and management from public retail shareholders taking its toll and to some extent provided clients with an unfair advantage as they are aware of vulnerabilities
* personally I feel that Alexium would benefit in being a private organisation.

If management were to buy out public shareholders I would imagine it would be at a much lower price than the current MC. The cheaper the MC the better obviously.

However as Hotcoperinvestor says an announcement with regard to military and or a licensing deal with NF could quash the above theory.

P.S Hammer I asked the same question a week or so back so would be great to hear others views in relation to this. Also this is a great topic to keep on the radar for various reasons.