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0.00% 0.8¢ alexium international group limited

Ann: Extension of Voluntary Suspension, page-29

  1. makattack
    34,916 Posts.
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    18/11/19
    17:26
    Post #: 41489739
    I really don't see how this would be possible. If it wasn't for this rights issue the share price would still likely have been 13c probably more which would give it a marketcap approaching $50mill. Calling in the debt (if that was even possible within the contract) wouldn't give anywhere near enough shares to induce a takeover. I don't think it has anything to do with this type of scenario.
    AJX Price at posting: 11.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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