AJX 10.0% 1.1¢ alexium international group limited

This institutional manipulation talk is bunk, page-23

  1. 5,637 Posts.
    lightbulb Created with Sketch. 541
    I think you are correct but if its a slow grind upwards that is going to be a real hard slog and we are probably overvalued right now. $130 million for FR that has to be hard sold as the market has cheaper and more deadly alternatives. Look at smoking, you would have thought by now that lawsuits would have made it impossible to make money yet governments and the suppliers just keep on selling and settling lawsuits even fighting them. I dont think its going to be any easier here.

    I do think it can be a viable company but really I bought it a little higher about 60c and wont buy more I would rather pay $1.00 when I can clearly see the numbers than think that the first strategy was valid. Someone must have made money driving it up to $1.00 but I don't think they are still around.

    What I am really seeking is a platform where we start talking about reality and not the dreams that this stock sold. That we actually decide what type of company we want to be invested in and what type of communication we want from the directors.

    So why did NC retire from this company - we have 2 versions - its not important but really we need the truth without putting it negatively. Dont shoot yourselves in the foot but underpromise and overdeliver over time.

    I want this forum to face reality the price is drifting because there is no news to substantiate more demand in the share and right now we need financial information to prove the case. So many will be a buyer when they can see that the company is at least at break even but right now that has to be the quarterly 4c. Yes it may not prove what the income statement will look like but management can amplify the 4c so that we can gain insight to it.

    So I expect it to go into the 30's then the next direction will be determined by whether we are cash flow neutral.

    Then the next updraft when we can see the half year and hopefully profits.

    Gamechangers are Military orders. Tent orders and FR getting strong demand from retail outlets ...

    I am hoping that this forum can also accept that we all bought the dream and to date that is all it was and hopefully the new management can start delivering small wins...
 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.001(10.0%)
Mkt cap ! $17.18M
Open High Low Value Volume
1.1¢ 1.2¢ 1.0¢ $4.674K 429.8K

Buyers (Bids)

No. Vol. Price($)
7 7257398 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 437965 2
View Market Depth
Last trade - 10.33am 20/06/2024 (20 minute delay) ?
AJX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.