The agreement doesn't have a nice smell about. When there was a capital raising only Frasers participated and none of the other shareholders were given an opportunity.
I don't like the 25 year agreement. Is there a break clause?
It looks as though Frasers is double dipping get fees for Frasers sports direct and also dividends from AX1.
It's sounds as though AX1 has bought a McDonald's type franchise from Frasers
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 (20min delay)
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Last
$1.52 |
Change
0.025(1.67%) |
Mkt cap ! $913.8M | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.52 | $1.49 | $2.658M | 1.760M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 27143 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 3932 | 2 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| AX1 (ASX) Chart |