AJA 0.00% $7.23 astro japan property group

go astro boy!, page-16

  1. JID
    3,679 Posts.
    lightbulb Created with Sketch. 838
    Just my guessing, but it could be a few reasons;

    Fundamentals - as you guys have said; worry about earthquakes, NAV analysis (although +90c looks good to me!), hedge announcement disappointed (although looked good to me), strength of AUD

    OR

    GMG has just initiated a large cap raising. Many HCer's and other retail investors hold both AJA and GMG based on the threads. Volumes of AJA not scarily big. Possible that some are cashing in their AJA chips to participate in GMG cap raising.

    Probably a mixture of all of the above. Not stressed and if still cheap on 28th August when AJA divi comes in I'll probably buy more!

    Cheers
    John
 
watchlist Created with Sketch. Add AJA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.