AXM 0.00% 1.1¢ apex minerals nl

Ann: Apex Capital Raising , page-62

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  1. rrk
    998 Posts.
    I think AXM needs to consolidate theie shares in order to improve the vales. No many people are going to trade if the share price is less than 0.3C after the CR as you will get a huge percentage fractuation in SP. It will go up and down by 20-30% daily. Apart from having less number of shares, the actual value stay the same for the holders. It is easier to buy an sell if AXM is trading around 20C, the SP drop will be limited..
 
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