ozelectro - agreed but not many issued since then.. I just brought it up on the bloomberg terminal and there were 72,000,000 issued shares as at 30 June 2007 and now there is 82,800,000 so the dilution was not that great compared to the reduction in the shareprice..
Basically AXT became unloved as shareholders lost interest due to the delays and moved funds elsewhere... Now that things are moving again I expect we will see people re-building positions once the drilling announcement is released... I think we have started to see that over last few days..
AXT Price at posting:
12.5¢ Sentiment: None Disclosure: Held
