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9.3¢ axel ree limited

Only $20 mil raising. Not a huge dilution. Should now see SP...

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vafooli

1,415 Posts.

22

28/03/18

10:11

Post #: 32079541
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Originally posted by vafooli ↑

Good to have an update that revenue growth continues its momentum.
Based on the numbers they are needing about $60 mil in equity for swf. Curious to see how much of this will need to be raised and at what price.
Dilution will be an issue, but the rate of growth they are experiencing should easily cover this so EPs will hopefully still see significant growth this year.

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Only $20 mil raising. Not a huge dilution. Should now see SP fly, with reduced funding costs, and no further dilution expected, buyers will start showing up. Minimal sellers also. Not long to see $2.50 IMO.

AXL Price at posting: $2.18 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 9.3¢		Change 0.000(0.00%)		Mkt cap ! $6.920M

Open	High	Low	Value	Volume
9.3¢	9.3¢	9.3¢	$4.144K	44.56K

Buyers (Bids)

No.	Vol.	Price($)
1	33333	9.0¢

Sellers (Offers)

Price($)	Vol.	No.
9.3¢	31830	1

View Market Depth

No.	Vol.	Price($)
1	33333	0.090
3	105487	0.088
1	25000	0.087
1	25798	0.086
2	107529	0.085

Price($)	Vol.	No.
0.093	31830	1
0.094	19986	1
0.095	100000	1
0.096	80000	1
0.099	100000	1

Last trade - 14.23pm 02/10/2024 (20 minute delay)

AXL (ASX) Chart