AJX 0.00% 1.0¢ alexium international group limited

Floating some thoughts, page-20

  1. 34,916 Posts.
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    Speaking of unlisted options, it appears that the company has stopped issuing shares for services rendered. Pretty much all the unlisted shares now (except for 60K) have exercise prices over 75c and many expire this year. So we should not see an abundance of Appendix 3 option conversions as we have in the past.

    The main quantity of unlisted options left are almost 7mill, exercisable at 75c and expiring 7th May 2018. Oh what I'd give for the share price to be back at 75c+.
 
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