ALE alexanders securities limited

alexanders and stem cell ( scx & chp )

  1. 1,430 Posts.

    ALEXANDERS SECURITIES LIMITED 2002-10-24 ASX-SIGNAL-G

    HOMEX - Sydney

    +++++++++++++++++++++++++
    This is to advise that Alexanders Securities Ltd has entered into a
    conditional agreement in respect of a possible investment in a
    company involved in non-embryonic stem cell related products,
    services and research. Completion of the agreement is subject to due
    diligence and other conditions.

    If the transaction proceeds, a minority interest will be acquired and
    the amount of the investment will be in the region of $1,000,000
    which is proposed to be financed by an equity issue.



    P Hetherton
    SECRETARY

    I note that there is a buyer for 200,000 ale at .105 and no seller.

    CHP and SCX are the largest shareholders in ALE and could double from here if ALE has a run.

    Interesting
    Good trading
    Ytrade
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.