AXY 0.00% 3.7¢ atom energy limited

rights issue... to do or not, page-20

  1. 240 Posts.
    I believe Mr Tarrett, taking up his rights has got to be a positive for AXY, he now has over 9Mill shares thats a lot of money to put in to a stock that *will do nothing* as RICH08 would have us believe.

    I may be overly optimistic on this one but i think this stock has a future its sitting on too much cash for the directors to lay dormant and just collect fees each year, if that happened surely the bigger shareholders like Mr Tarrett would have something to say about it. I know i'll be complaining if it did, not that my shareholding would make much difference mind you

    AXY are having a day in the sun at today up 8.82%!! not bad, let just hope it keeps going that way

    I hope it does get back to 31c Elevateck that would definately make all our losses a little bit less painful to bear.

    PD

    as always DYOR i'm no expert.
 
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