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0.9¢ alexium international group limited

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

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plough

33,862 Posts.

1824

27/06/22

22:21

Post #: 62237161
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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.

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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
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Last 0.9¢		Change 0.001(12.5%)		Mkt cap ! $14.05M

Open	High	Low	Value	Volume
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2	50142	0.9¢

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Price($)	Vol.	No.
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7	1383870	0.008
6	3850194	0.007
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1	300000	0.005

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0.010	207000	3
0.011	1400000	3
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0.014	134311	1
0.015	1200	1

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