AJX 0.00% 1.0¢ alexium international group limited

Ann: Sales Commence in the Australian Construction Market., page-216

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  1. 432 Posts.
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    Hi all,

    I hope everyone had a great Christmas

    I'm happy to see that Alexium is doing alright today, though I don't put much credence in one days movement of the share price.

    What I'm curious about is continued talk about a US listing. Why do people think it's coming soon? In the video that was posted not that long ago with Alan Kohler set in 2015, Rezos said the listing would occur in late 2015. Well over one year later and still no listing. Plus if you read the deposition of Nick Clark, yes I did, talk about light reading He states that the listing is in the hands of the US investment bank and thus out of his control, I believe the bank is Cowens. Why the renewed speculation? Was it mentioned somewhere and I missed it?

    Also I guess I'm curious why it's important in the first place? Surely Alexium can still do well without having an adr listing. In fact I know some companies that do have it and are perennial under performers, e.g. Starpharma.

    GLTAH
 
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