Australian shares continue to get hammered and most of us are down big time the past year. Even though I no longer hold AJM, I did hold this share for a few years and continue to watch.
If I had free cash I would be a buyer today,that's for sure. My money is all tied up and I am forced to ride out the storm like many others.
AJM has several great projects and IMO it will come good and this SP will be a bargain for those with cash.
Stay strong holders, there will always be some selling due to margin calls, tax loss selling, weak hands....etc etc
buy low sell high...bargains are not available once the good news is flowing and the buyers are excited...
stay the coarse and don't be one of those that get emotional and sell at the lows...
DYOR,,,this is just my opinion
AJM Price at posting:
9.0¢ Sentiment: Buy Disclosure: Not Held
