AJX 0.00% 1.1¢ alexium international group limited

Broker Data, page-324

  1. 34,916 Posts.
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    I'm with you on this. Personally I would find it a bit distressing to think the company would be withholding substantial information for the substantial benefit of a single investment entity. It has not really been the company's technique in the past and one of the reasons it is sitting at such a substantial marketcap prior to receiving substantial revenues is the company's willingness to share information often and frequently.

    I don't subscribe to the theory that you need to sell your soul for institutional support for a company to reach its fair value. A company that delivers results will reach equilibrium at some stage as the more conservative investors react to the revenues and eventually potentially high dividend yields. Even if you wanted to give a particular institution a leg up, competition from other instos/investors should realistically prevent such information flow suppression and manipulation of the share price.

    I also don't subscribe to the theory that director Rezos is buying shares to protect his percentage holding. An outlay of $60K is not chicken feed and the extra shares gained is a tiny proportion of the share percentage he already holds. It doesn't really make any logical sense. I like to think that like many of us Rezos is just confident of AJXs future.

    Pinto if you have information spit it out, don't accuse fellow investors of lacking smarts for not knowing what the hell you are portraying.
 
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