Cheers for the advice, I suspect the answer was rather foreshadowed by the forum I posted the question in. The decision is far more difficult overall, I have a solid parcel of both, and RAP has run very hard to this point, it's probably higher risk/reward short term and less certain long term, but there's the possibility of making some profit whilst AJX continues to meandre inexplicably. I've actually bought more AJX this week and last on the dips, hoping that 77.5 cents is the absolute low we'll see.
@krusty900 it would be a monumental shock if there are some gremlins that AJX have kept hidden, with OBJ and ADO the revenue was always theoretical and years down the line they're still creeping towards anything concrete at all. AJX are putting numbers and contracts out and have emphasised how strong their pipeline is. For me confirmation of DoD should see this double at least but then again I'm a believer, and that confirmation is a couple of quarters away, there could be many other reasons to be excited by then. I'm expecting another big leap in revenue in the next quarterly, but I'm also expecting it to be accompanied by inevitable large increases in expenditure, the new staff and facilities won't come cheap, and the costs of ramping up activity will outstrip increases in revenue for a while. That said I'm amazed that institutions aren't jumping aboard, AJX should be getting championed as an Aussie success story and gaining professional investment support, sadly it's left to us retailers to support the SP with inevitable results.
I'll keep dribbling funds into this one as long as it remains at these levels or lower.
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alexium international group limited
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.518M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 697866 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 300000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 697866 | 0.006 |
4 | 1464859 | 0.005 |
2 | 570000 | 0.004 |
1 | 700000 | 0.003 |
1 | 800000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 300000 | 1 |
0.008 | 3425665 | 6 |
0.009 | 1260713 | 3 |
0.010 | 8901368 | 6 |
0.011 | 1810000 | 4 |
Last trade - 09.59am 23/07/2025 (20 minute delay) ? |
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AJX (ASX) Chart |
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