AJX 0.00% 0.8¢ alexium international group limited

US stocks and listing, page-27

  1. 476 Posts.
    lightbulb Created with Sketch. 68
    Sorry I messed that last post up. NOOB
    Hi Pinto,
    I trade US stocks. The first being $WWE World Wrestling Entertainment which had the luxury of topping up at $10 last year.
    It can work out to be expensive, I believe around 3X as much as trading ASX stocks from Australia. It can be enticing to trade the really big companies of US stocks as some make our Blue Chips look minor in size.
    I do read Fundamental Analysis of stocks, I'm majorly a Technical Analyst when it comes to what I choose to invest in. From January 1st until now I have gone through all 2500ish ASX stocks which took around a week spread out. I'm down to 100 stocks and will narrow that to a targeted 30 once more culling passes have been conducted. Some of the 100 have already rocketed. Which isn't a concern patience on entry is key of course.

    Regarding US stocks I will say this. It doesn't matter what you trade you don't have to know anything about oil to trade oil or about Airplanes to trade Airports. You lose a slight monetary edge in fees by trading US over ASX. I guess there could be some arbitrage opportunities on AJX if you can quickly calculate fees and exchange rates although they would probably only appear on quick moves in one direction (not the band) or another.
    I try not to lose an edge when there is enough volatility to trade in AUS.

    AJX deserves the success it has had it remind me of RMD.AX in its pattern which would be amazing long term if it continues. As far as speculative potential AJX has far more pros than cons. Sales haven't even ramped up. Its very natural for time to invite doubt to enthusiasm and questions like 'too big too fast?' arise.
    I don't think this is the case though. AJX is still a very attractively active company with a very branched outlook that may later prove to be the stability to any testing storms.
    Also on a side note and also related to AJX.AX, D13.AX has Gavin Rezos as non- executive Manager who we all know and admire. They are focused on drone defence.
    Haven't picked any up yet but worth a look.

    Best wishes to Nick and family.
    Regards
    PresidentofAUS
 
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0.8¢
Change
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Mkt cap ! $12.49M
Open High Low Value Volume
0.8¢ 0.8¢ 0.8¢ $1.8K 225K

Buyers (Bids)

No. Vol. Price($)
4 689619 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 706022 4
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Last trade - 15.41pm 06/09/2024 (20 minute delay) ?
AJX (ASX) Chart
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