But it didn't and came off the back of a lot of expectation and judging by the share price calls yesterday, those expectations have not been met.
Because of a guessing game BEFORE we even knew the announcement details? Well if you really take those comments seriously, well what can I say? All I know right now is that AJX keep reeling off impressive progress announcements and the share price has risen 17% since this time last week, 40% in 2 weeks and almost 100% in 4 weeks. By all means trade parcels to reduce risk but leave yourself empty-handed at your own risk. I've found trying to outsmart short-term price gyrations has usually cost me more than I've gained. But some of you claim to be able to sell the highs and buy the lows, so if you have been doing this for years you should be well and truly retired by now, no?
There is only ONE reason the share price dropped to 39.5c and then recovered again back to near highs, and that;s nothing to do with expectations not being met, it's all to do with the attraction the rapid rise has created of short-term traders like yourself who have no interest in fundamentals and look for quick pips, most of you battling each other to get out on the announcement.
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alexium international group limited
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Ann: Alexium to Commence Contract Work with US Military, page-136
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Last
0.7¢ |
Change
0.001(8.33%) |
Mkt cap ! $10.31M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $2.925K | 450K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2340495 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 103000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2340495 | 0.006 |
6 | 3737023 | 0.005 |
5 | 1059220 | 0.004 |
2 | 800000 | 0.003 |
2 | 1300000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 103000 | 3 |
0.008 | 1745386 | 5 |
0.009 | 1160714 | 2 |
0.010 | 8401368 | 5 |
0.011 | 1800000 | 3 |
Last trade - 13.31pm 07/08/2025 (20 minute delay) ? |
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AJX (ASX) Chart |