AJX 0.00% 1.0¢ alexium international group limited

New 52 Week Low?, page-5

  1. 1,232 Posts.
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    Now is the autumn of our discontent
    Made an inglorious summer by a Duke of York performance.
    To come out with just over $1m of revenue and 90k of debtors after a year of contract announcements, indications of $10m revenue (still very modest) and a MC approaching $300m is testing the faithful. Add to that the announcements typos and the share payment plans ahead of profits....
    If this turns into a 1974 bear market we will see sub 40c.
    However, before everyone thinks I'm down ramping, I've instead sold my RAP to have the ammo for one last blast at finding the low in AJX. I'm retaining my belief that eventually this is going to be a serious stock. But it is looking as if 2016 is still a build up year. We may have to wait until 2017 for take-off. They may need a rabbit out of the hat or a takeover bid to re approach a $1. In the meantime, the new Riviera is definitely on hold.
 
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