RE:C$25 Million Bought Deal Public Offering-What's not to like?
This was the third largest volume day of AXU stock in the last five years so not all investors were " liking it ".
Releasing a dilutive NR on a day when silver got hammered was unfortunate timing but a 5% dilution for $25m was a large cash infusion.
Some drilling NR's from Bermingham Deep and an operations update could have offset this NR.