Alexium Managing Director Dirk Van Hyning, said “Alexium wished to enable our retail shareholders to participate in the recent capital raising at the same price as institutional investors...”
AJX was possibly showing the best of intentions to current shareholders, some of whom would have been protesting in December if AJX didn't allow them to participate at the same price as institutional investors. But keeping the SPP open for so long has had a pretty negative effect on sentiment. With the sp stuck around 33-35c for so long, even steady hands seem a bit rattled.
The best laid plans and all that, I suppose. In any case, I hope Dirk is now focused on the main game. This SPP has turned out to be an unwelcome distraction. I'm hoping he can clear up what's left of previous 2016/17 messes and show us the money in the second half of 2018.
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