AXM
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0.00% 1.1¢ apex minerals nl

what's the urgency in settling debt??, page-2

  1. stagman
    1,432 Posts.
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    23/09/09
    17:35
    Post #: 5684176
    Rather than 9:2 @ 4.0c why not 1:1 @ 8.3c to raise $50M working capital and carry the debt? Sounds like they're getting screwed well and truly by the underwriter. There's got to be a better deal out there for existing shareholders surely?

    Stagman
    AXM Price at posting: 7.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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