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AXE EXPLORATION INC V.AXQ

"Axe Exploration Inc is a Canadian based exploration stage company. It is engaged in the business of acquiring, exploring and developing of mining properties and also holds interests in properties at the exploration stage located in Canada. It has interests in four properties, which are located in Quebec, mainly in Abitibi area. Its properties include Destorbelle Property, Commandant Property, Gold Peak Property and Unique Property."


TSXV:AXQ - Post by User

Comment by divot111on Jul 30, 2018 11:53pm
79 Views
Post# 28389245

RE:RE:Post transaction valuation

RE:RE:Post transaction valuationActually after splitting 16to 1 and giving themselves the rest of us shareholders’ money at half of the post split price they are going to increase the share count almost 10 fold if the share count numbers are up to date. So at .50 that makes our shares pre split worth .03ish. After increasing the share count tenfold that makes our shares post split worth ..003ish which is less than half a cent if my math is correct. Anyone  else pisssed off yet too. Now multiply by .16 to account for the Crippling reverse split and that makes our shares worth around .048 cents post split, less than the most recent closing price. Awesome! Deal looking any better yet to the ones who care? If my math is way off please correct me. Should be ciminal
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