Nope. Not me.
I watched too many companies like AXM continue to raise funds, dilute the company and still go bankrupt. They appear to have a solid resource, but continuous 'issues' hinder profitability.
Why do they think this will turn around? Were previous management that incompetent?
But what really gets me is the performance shares. I know it is new management, but it is the same company. So, does trashing the company to the point of insolvency mean the new guys deserve to be gifted the equivalent of 5% of the company via a shite load of free shares....just for asking us to take all the risk and provide more money??
My take only. Ultimately I have written off this 'investment'. If it re-lists and I make some back, it is a bonus.
Milesy
Nope. Not me. I watched too many companies like AXM continue to...
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