AJX 0.00% 1.1¢ alexium international group limited

TA discussion, page-4951

  1. 2,551 Posts.
    lightbulb Created with Sketch. 547
    Hmm as much as you are both probaly right due to "sell in may" theme. I really hate these type of predictions as I feel they become self fulfilling. EG say if you have an entity thats want to short a stock and they base it on their TA that they use then its like the price has to get there, I always think its like the chicken or the egg first converstaion. Is it really going to get to say .46 or is it just because the TA suggests it that it gets to .46. Sure TA can be fascinating I often think of it like TA is the science and FA is the art of investing anyway I so hope it doesnt get that low.

    Still cant believe we are sitting at .49 really as for me there doesnt seem to be any "future" added to the shareprice IMO.

    Anyway the shareprice concerns me a bit more so for the listing in the US. I actually think because its a level 2 ADR (eg no raising money ) that the fundamentals need to be stronger eg licensing deal, military would help along with the financials that we are showing so I am hoping that a few more solid contracts come into play before we list to help us show the business is solid. I am looking forward to listing but am acutely aware that a US listing can really go pear shape if fundamentals are not sound IMO (based on past experience)

    Anyhoo just my ramblings this morning GLTA
 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $17.18M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $118 10.75K

Buyers (Bids)

No. Vol. Price($)
2 86750 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 2629961 3
View Market Depth
Last trade - 14.22pm 12/07/2024 (20 minute delay) ?
AJX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.