AVQ 0.00% 2.5¢ axiom mining limited

Heads we win ...tails you lose!, page-81

  1. 134 Posts.
    Yes it would be nice if they offered ordinary shareholders similar opportunity.

    Just on capital raising generally;
    AVQ routinely funds itself through issuing shares and share options. A little too much for my liking.
    I think it has a long history of doing this, remembering pre-consolidation, it had over a billion shares on issue valued at a little over a cent each.
    This is the long term consequence of diluting your share price through relentless share placements.
    It is an option for a startup but it can't be a permanent condition as it just leads to a lower share price after it burns through its latest capital raising.
    I welcome the day when it moves from a speculative stock to being a producer.
 
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