Australia's largest stock trading and investment forum Australia's #1 stock forum

AJX

Click for more information

10.0%

1.1¢ alexium international group limited

yes fluffy announcement figure 2 could have shown a forcasted...

First 73 Last

Share
Profile

Follow
plough

34,070 Posts.

1869

27/06/22

22:21

Post #: 62237161
Share

Originally posted by pborsky ↑

The June quarter is very unlikely to be a good one, which todays fluffy announcement would seem to indicate. If it was going to be a decent quarter,
they would have put out an update on how the Company was trading to stop the collapse in the share price. The $5M loan is likely to have provisions on the Share price not dropping below certain levels to protect the lender. This may be the reason why the .02 cent level appears to be defended so vigorously. If they do a Capital raise,they would have to do a rollback of shares first, eg 5 for 1 or more likely 10 for 1 first as at the current prices you would be issuing ridiculous no of shares to raise anything meaningful.
Not a good prospect for shareholders. The management have done very well the last few years by contrast.

Expand

yes fluffy announcement figure 2 could have shown a forcasted bar chart for 2half FY22 given we are a few days from the end of the FY22 year but that most important bar was missing .
There was a 1.94 M loss last half year , with less revenue this half I hope we somehow do not again get such a big loss

AJX Price at posting: 1.8¢ Sentiment: None Disclosure: Held
2 Upvote

1 Great analysis

Reply

Top Stories

E25

Element 25 on-track for US govt grant of US$115M to build manganese facility

SS1

HotCopper users muse future price action as Sun Silver clocks 71m hit of namesake metal, gold

Breaking: RBA holds rates at 4.35% per consensus; upside housing pressure to grow

VMM

Viridis delivers 'world class' recoveries from Colossus rare earths play

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

There are more pages in this discussion • 2 more messages in this thread...

First 73 Last

Add AJX (ASX) to my watchlist

(20min delay)
Last 1.1¢		Change 0.001(10.0%)		Mkt cap ! $17.31M

Open	High	Low	Value	Volume
0.9¢	1.1¢	0.9¢	$561	50.98K

Buyers (Bids)

No.	Vol.	Price($)
1	100000	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	1497719	5

View Market Depth

No.	Vol.	Price($)
1	100000	0.010
4	1961715	0.009
3	4111222	0.008
3	349012	0.007
3	544500	0.006

Price($)	Vol.	No.
0.011	1497719	5
0.013	240000	1
0.014	134311	1
0.015	431158	2
0.017	15000	1

Last trade - 15.31pm 24/09/2024 (20 minute delay)

AJX (ASX) Chart

SPONSORED BY