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..
- Forums
- ASX - By Stock
- Ann: Apex Capital Raising
I think AXM needs to consolidate theie shares in order to...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AXM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
NXD
NEXTED GROUP LIMITED
Nick Poll, Managing Director
Nick Poll
Managing Director
SPONSORED BY The Market Online