AEX 0.00% 1.1¢ acclaim exploration nl

what is wrong with aex, page-8

  1. 4,327 Posts.
    Hi Monkeywise had a quick look at CDU 13 cents to $10 range over 52 weeks, trading $3.70 with market cap 264 million.

    I tend to fundamentally research stocks 'then' apply any technicals to the trade...not the other way around.

    I am unashamedly a speccie specialist focused on penny dreadful companys.....4 cents and a market cap of $20 million is more appealing as I see AEX as possibly reaching that sort of market cap in the future...or around 50 cents a share.

    Guess CDU is another example of a penny dreadful that made many multiples for its early believers.

    I will keep a watch on it.

    Thanks
 
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