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1.0¢ alexium international group limited

DoD funding, page-7

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pintohoo

84,116 Posts.

75

29/10/15

12:00

Post #: 16281571
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Originally posted by Forry ↑

"Anyone who thinks this company is fair value or overdone really have no idea of the potential of these materials and the position of AJX in the industry atm - let alone the depth of contact with government and military."

Pinto, it is fair value today because that's what punters are willing to pay, and more importantly, those selling must believe they are getting a fair price. If it was a dead certainty to rise in SP then everyone would be buying. There was plenty of "guesses" that the SP would rise to $2 and beyond following the DoD announcement, only to be shifted upward at a rate of knots when the 4c came out, with a high probability of a huge takeover offer. Nup! It's at fair value and that's that. The market factored in the DoD contract long ago, and the 4c, and similarly it has factored in the long term (Long term) gains of this stock.
Having said that I believe we will see significant increases from time to time and over the long term.

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"The market factored in the DoD contract long ago,"

Well forry - Fosters didn't.

I have to agree though that the local punters either think it is fair or have their fill already.

We will get more large OS buying - of that I am sure - I guess we will just have to wait.

Pinto

AJX Price at posting: 96.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.0¢		Change -0.001(9.09%)		Mkt cap ! $15.62M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.0¢	$2.375K	220.4K

Buyers (Bids)

No.	Vol.	Price($)
5	4936365	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	247382	1

View Market Depth

No.	Vol.	Price($)
5	4936365	0.010
3	311210	0.009
2	182600	0.008
1	200000	0.007
2	250032	0.006

Price($)	Vol.	No.
0.012	119215	3
0.013	1758914	3
0.014	564269	2
0.015	36316	2
0.017	15000	1

Last trade - 15.30pm 18/07/2024 (20 minute delay)

AJX (ASX) Chart