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Alexium International Group ( (AU:AJX) ) just unveiled an announcement.
Alexium International Group Limited has reported a change in the indirect shareholding of director Simon Colinton Moore, whose interests are held via Colinton Capital Partners Pty Ltd and Morgans Financial Limited on behalf of a Colinton fund. The director’s combined indirect holding increased significantly as a result of taking up entitlements in a rights issue and acquiring underwritten shortfall shares at $0.006 per share, raising his total interest to more than 1.6 billion ordinary fully paid shares, a move that deepens his financial exposure to the company and may be read by investors as a signal of confidence in Alexium’s capital-raising and future prospects.
The most recent analyst rating on (AU:AJX) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Alexium International Group stock, see the AU:AJX Stock Forecast page.
More about Alexium International Group
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$21.89M
Learn more about AJX stock on TipRanks’ Stock Analysis page.