AJX. Caveat. This is in my opinion the worst stock on the ASX.
Haha. Agree that is not an obstacle to making a trade sometimes. There's a lot of desperate holders who are still waiting to sell for $1 who can be talked into buying low.
But. I had a look at the latest guff and it does appear to be more hype. Talk of buyer interest but no info on actual sales. Same as always.
I'm not an expert on reading balance sheets but it appears that all current funds are loan funds and they don't have any more available.
I would expect this SP rise to quickly lead to a TH for a CR.
Trade AJX at your peril. imo
