Colinton Associates Becomes Major Alexium Stakeholder
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Colinton Associates Becomes Major Alexium Stakeholder

Alexium International Group Limited (AU:AJX) has released an update.

Colinton Associates has significantly increased its stake in Alexium International Group Limited, with its voting power surging from 11.91% to 50.574% due to recent share issuance events. These events include the conversion of a convertible note, a placement, and an entitlement offer underwriting, all with shares issued at a price range between $0.013 and $0.015. This considerable change in ownership dynamics could influence the company’s future direction.

For further insights into AU:AJX stock, check out TipRanks’ Stock Analysis page.

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