Great Jazz, why don't you sell all of your AXM shares, book the capital loss, buy as many AXMR as you want, pocket the 0.8c difference and receive an entitlement to more free options in the process? I don't know whether the margin between the fully paid shares (5.3c) and the renounceable rights (0.5c) exercisable at 4.0c with 10% free options will close up on Monday but it looks the better play at this stage.
Stagman
AXM Price at posting:
4.6¢ Sentiment: None Disclosure: Held