I must say that there must be a lot of tired burnt out holders of AJX. I cannot believe that as good news ( maybe not great news all the time - the 4c which does confirm that they kept beating a dead horse on the 2016 revenue - they still have good news).
So are these tired worn out holders ever going to dry up or is it such that until there is a factual profit we are going to see the flow of shares keep the price down.
I have never held a share that defies good news like this. Is it going back each day until we have the next bit of news. Its almost like you can buy it back 4 days later much cheaper than you should it banks the good news than slow punctures its way to the next bit of news.
I keep topping up but even that has stopped for me. I am full-up bloated would be a better description...
I have to ask - everyone on this forum keeps saying last time to get the bargain and 3 days later its just more of a bargain. What do the sellers know we dont...
I know its been lower but it was around this price January 2015... 2 years on and tons of good more than bad news same price.
I must say I dont understand the punter here - This is not a stable income stock so when good news comes out it should be adding to the base of the opportunity. The volumes are not high in fact if you chucked a million shares into the sell side it would probably take 3 or 4 cents off the price... Like its done today...
So who is prepared to buy into high risk high reward stock and sell after a few good announcements - thats what I cannot understand - I am almost waiting that when they announce they are cash flow breakeven the price drops...
I have heard all the experts here who do know a lot about to opportunity and the company but really they dont have answers as well. Is it Baker Young ... Is it Moelis ...
Either this is the biggest con I have ever been invested in or its the biggest opportunity that no-one wants to believe in. Its easier to get people to like the Adelaide crows than it is to get them into AJX it seems.
Okay who is selling ?
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Mkt cap ! $15.62M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 1409371 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.1¢ | 115736 | 2 |
View Market Depth
No. | Vol. | Price($) |
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3 | 1409371 | 0.010 |
2 | 700000 | 0.009 |
3 | 516044 | 0.008 |
1 | 200000 | 0.007 |
2 | 378000 | 0.006 |
Price($) | Vol. | No. |
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0.011 | 115736 | 2 |
0.012 | 45455 | 1 |
0.013 | 240000 | 1 |
0.014 | 134311 | 1 |
0.015 | 1200 | 1 |
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