AXM 0.00% 1.1¢ apex minerals nl

say no to ma, page-5

  1. 1,625 Posts.
    This guy is willing to risk $4m on the company not going broke.

    How much money have you put into AXM as a shareholder? If its less than $4m, I would think you would be pleased that this guy is willing to put his money up to keep AXM afloat. Otherwise, as a shareholder after a company is declared bankrupt, you get nothing, zero, zilch, nada...what dont you get?

    Without this $4mill - it is all over, this guy is willing to put $4m of his own money on the line. Sure, he gets a good interest rate and some options, but if the ocmpany goes broke, he gets no options, no interest and no $4m back - understand!?!?
 
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Currently unlisted public company.

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