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Gold/Mining/Energy : AXX - Axia MultiMedia Corp. (TSE)

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To: ROBROY who wrote (17)7/14/1999 1:58:00 PM
From: WhySoSoon  Read Replies (1) of 40
 
Private placement is a quick and dirty way to get money. The cost of capital, therefore, is higher. The dilution factor is there and that's why we see the downward movement of the share price. The key now is the support level is $6.00 and I like to see AXX to hold this level. So far, it is doing just that.
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