As a shareholder that is excellent news and gives a lot of optimism for a higher share price without being diluted. Another great thing about this company and confidence in dr hugh that he will do anything to keep small amount of shares on issue. Its all about supply and demand and that demand and small supply of shares will be a factor in massive upside for the share price on some good drilling results!
AXT Price at posting:
15.0¢ Sentiment: ST Buy Disclosure: Held