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Alexium International Group ( (AU:AJX) ) has shared an announcement.
Alexium International Group Limited has announced the issuance of 29,262,504 ordinary shares without disclosure under section 708A(5)(e) of the Corporations Act. The company reaffirmed its compliance with relevant provisions of the Act while confirming no additional excluded information needs disclosure. This move is expected to bolster the company’s operational and financial positioning amidst its focus on innovative chemical solutions for diverse industries.
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
Alexium International Group Limited (ASX: AJX) specializes in performance chemicals for advanced materials applications, focusing on flame retardancy and thermal management. The company targets markets such as bedding, body armor, military uniforms, and workwear, leveraging its innovation-driven and patent-protected technologies. Its product lineup includes brands like AlexiCool®, AlexiFlam®, Eclipsys®, BioCool®, and DelCoolTM.
YTD Price Performance: -16.67%
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$11.26M
Find detailed analytics on AJX stock on TipRanks’ Stock Analysis page.