AVQ 0.00% 2.5¢ axiom mining limited

Yes it would be nice if they offered ordinary shareholders...

  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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