AJX 0.00% 1.1¢ alexium international group limited

Under Power, page-284

  1. 83,970 Posts.
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    thanks MissusB - I have just done about 2 days of research - there are about half a dozen on my floor to look closer at - nothing really stood out at first glance - but, that means nothing until I get the research back from the team.

    Whichever way it goes - they don't come like ajx very often.

    And, for those who will follow as I find new targets - remember - the initial targets and positions I take - are no guarantee that they will be a solid runner ----------- the runners come down to about 1 in 5 so far - although that might not be so in future as I have pretty well ditched resource stocks - so that will change things.

    When I find the next ajx - one has to remember, one only needs two or three of them in a lifetime - so, if you can spring one even every 2 to 4 years ----------- that's enough - there is no hurry. Honestly - without any losses from false starts (which normally make a profit - just not a big one) - I reckon 3 ajx's would turn even a small initial holding in the first target - into millions of $ by the exit time of target 3 - the multiplier effect is massive.

    Anyway -------------- AJX wise - this morning -------- the sell side just isn't reloading all that rapidly
    - balance of power is still 3.98 to 1 ----------- pretty good. Maybe there isn't much stock left at all???

    have a great arvo

    Pinto
 
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