AJX alexium international group limited

ok - they can - meaning it's technically possible. Now - on a...

  1. 96,808 Posts.
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    ok - they can - meaning it's technically possible.

    Now - on a practical level - in order to 'smash the share price'


    they would have to 'borrow' the stock from Australian holders -

    package them up into ADR's

    sell the ADR's

    which would then be reconverted overnight into shares - to be sold onto the Aussie market.

    Leaving themselves naked pretty much with overnight trade in the US to follow.

    All that when Alexium is putting on quarter after quarter of astounding growth and has irons in the fire that could put a solid rise on the stock at any day with any announcement.

    Added to that - there is the possibility of buying pressure from a whole new market of American investors who have only heard about Alexium on it's debut.


    Have I got this right?


    If I have got this right -- then -- although technically possible - I would have thought that the opposite was about a gazillion times more possible than that one?


    It's also technically possible that ICL will next week offer us 20 bucks a share - take it or leave it eh?

    - I have a few doubts about that one as well.

    Pinto
 
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Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $11.10M
Open High Low Value Volume
0.7¢ 0.7¢ 0.7¢ $2.087K 298.1K

Buyers (Bids)

No. Vol. Price($)
5 1210906 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 300000 1
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Last trade - 15.04pm 18/07/2025 (20 minute delay) ?
AJX (ASX) Chart
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