I was redeemed 30% of my holding @ $103.00 plus interest like I was advised in August;
"The Company intends to Redeem A$15,000,000 of the Callable Notes on issue, the subject of the EarlyPartial Redemption Notice with an aggregate call price of103.00% of the outstanding principal amount of each Note being redeemed together with any accrued interest. The EarlyPartial Redemption will take place on or about9 October 2018".
I think the redemption money came from the recent $55 million ASX bond issue. Technical borrowing breaches or not the company has been mismanaged at the very least resulting in a long suspension while lenders try to figure it out. I think the ASX issued bonds will take a hit on opening but nothing like the equity bloodbath I believe is coming.
- Forums
- ASX - By Stock
- Hammered for the risk
AXL
axel ree limited
Add to My Watchlist
1.39%
!
7.3¢

I was redeemed 30% of my holding @ $103.00 plus interest like I...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
7.3¢ |
Change
0.001(1.39%) |
Mkt cap ! $7.359M |
Open | High | Low | Value | Volume |
7.3¢ | 7.4¢ | 7.2¢ | $17.59K | 239.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19280 | 7.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19280 | 0.072 |
3 | 96484 | 0.070 |
1 | 134600 | 0.066 |
3 | 108306 | 0.065 |
1 | 50000 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 50000 | 1 |
0.080 | 50000 | 1 |
0.082 | 149751 | 1 |
0.092 | 50000 | 1 |
0.093 | 9000 | 1 |
Last trade - 15.34pm 18/06/2025 (20 minute delay) ? |
Featured News
AXL (ASX) Chart |
The Watchlist
CDE
CODEIFAI LIMITED
John Houston / Martin Ross, Executive Chairman / COO
John Houston / Martin Ross
Executive Chairman / COO
Previous Video
Next Video
SPONSORED BY The Market Online