AXM apex minerals nl
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If you do a caculation with the rights issue at 1 cent of 1...

  1. andrewgravy
    352 Posts.
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    07/03/11
    15:35
    Post #: 8010328
    If you do a caculation with the rights issue at 1 cent of 1 share for every 2.4 shares, and the current holders purchase price which is over 2 cents, and then the price is(1*1 +2*2.4)/3.4= 0.017. That is the price which will be reached in the coming months.
    AXM Price at posting: 1.4¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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