AXM 0.00% 1.1¢ apex minerals nl

If I'm reading it correctly, 121 warrants exerciseable to...

  1. 525 Posts.
    If I'm reading it correctly, 121 warrants exerciseable to 44,992,640 Ordinary Shares.

    Have these warrants been exercised? I may be wrong, but I suspect not. When these warrants are exercised, top price is 33.5c and bottom price is 23.45c a share.

    That 10c a share makes about 4.5 million dollars difference when exercising warrants. It may be in certain peoples interests to drive the sp down to 23c or less during the next 180-270 or so days.

    The 'bot' has been selling shares down this week I notice. I hope I'm really wrong but I'm thinking there might be a lot of pressure to keep sp in the 20s for the next 9-12 months.

    Kind regards.
 
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