thanks MissusB - I have just done about 2 days of research - there are about half a dozen on my floor to look closer at - nothing really stood out at first glance - but, that means nothing until I get the research back from the team.
Whichever way it goes - they don't come like ajx very often.
And, for those who will follow as I find new targets - remember - the initial targets and positions I take - are no guarantee that they will be a solid runner ----------- the runners come down to about 1 in 5 so far - although that might not be so in future as I have pretty well ditched resource stocks - so that will change things.
When I find the next ajx - one has to remember, one only needs two or three of them in a lifetime - so, if you can spring one even every 2 to 4 years ----------- that's enough - there is no hurry. Honestly - without any losses from false starts (which normally make a profit - just not a big one) - I reckon 3 ajx's would turn even a small initial holding in the first target - into millions of $ by the exit time of target 3 - the multiplier effect is massive.
Anyway -------------- AJX wise - this morning -------- the sell side just isn't reloading all that rapidly
- balance of power is still 3.98 to 1 ----------- pretty good. Maybe there isn't much stock left at all???
have a great arvo
Pinto
AJX Price at posting:
70.0¢ Sentiment: Buy Disclosure: Held
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