AJX 4.76% 1.0¢ alexium international group limited

The market has spoken, page-121

  1. 3,740 Posts.
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    If you can step back from the SP, what is it about the company that looks so bad? Markets attach the wrong value to stocks all the time, especially when volumes are low, financial details only just appearing and retail holdings high. Implying that AJX is a mature enough company operating in a section of the market where valuation will be appropriately 'discovered' is ludicrous. It's abundantly clear that sentiment is what is driving this together with a dose of exploitation of that sentiment. The price could range in s large and below and above the current level and be 'fair' I think what I and some of the other positive posters are saying is that the company is setup to offer substantial upside from where they sit with the risk balanced in that direction medium term.
 
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Last
1.0¢
Change
-0.001(4.76%)
Mkt cap ! $15.62M
Open High Low Value Volume
1.0¢ 1.1¢ 1.0¢ $4.97K 487.8K

Buyers (Bids)

No. Vol. Price($)
4 4202831 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 8000 1
View Market Depth
Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
AJX (ASX) Chart
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