My humble view is expect large volumes pre consolidation as day traders buy and sell. Also some participants in the capital raising will attempt to sell for a profit after all 0.2 to 0.3 is excellent gain. New management without a miracle are not going to turn the mine around over night. I suspect that $20m is not going to be enough. None the less there must be opportunity as Azure would not have underwritten the shortfall.
- Forums
- ASX - By Stock
- AXM
- Ann: Rights Issue - Shortfall Notice
Ann: Rights Issue - Shortfall Notice , page-19
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AXM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
UNT
UNITH LTD
Idan Schmorak, CEO
Idan Schmorak
CEO
Previous Video
Next Video
SPONSORED BY The Market Online