AJX 0.00% 1.1¢ alexium international group limited

Morning, Has had anyone heard anything further regarding the...

  1. 259 Posts.
    Morning,

    Has had anyone heard anything further regarding the selection of the Investment Bank?  There was a view that this might be known prior to the Adelaide meeting.  Couple that with the view that the company will announce this as soon as it is known then my idle mind wonders:
    • If the process might still be running, albeit AJX are now be working with a shortlist (i.e. intensive DD on say two candidates);
    • Might there be a tactical reason for them to withhold that announcement?  Can they do that?  Or are they obliged to by the ASX?  Or does it just leak into the market regardless as the unsuccessful tenderers put two and two together anyways?
    • Is it easier for the Bank to co-opt investors if there have first been material announcements regarding sales contracts, and so would the Bank prefer to lay in wait for those contracts to be announced before its arrangements with AJX are also made public?  Could that be a condition of the 'partnership' by the Bank?
    All just musings really.

    Cheers

    Roy
 
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