Hi Joe
Who is selling or who is trading ? there is a big difference
This stock has been heavily manipulated and or traded for at least the last two years if you follow the daily trades it is obvious
This is one of the few stocks that I have held for the purpose of long term gain but finally -- if you can't beat them join them, I have gone back to trading mode
A little rough graph to show what's happening and this has absolutely nothing to do with the quality of the company or it's leadership, there is BIG money out there to trade and this company suffers from it's populatity
It is often the most discussed stock on HC and much of that discussion is about hopes and dreams and not about the cold hard facts of business.
Someone posted recently that it is a transition business and that is dead right there is no way you can value a company that has not had a few years of steady income, which when capitalized gives you the true value
AJX is valued on the dreams and aspiration and fears of the shareholders at the moment making it a perfect vehicle to be manipulated.
As can be seen from the graph in the past two years an initial investment of $14.000 could have had a return of $48.000 to$68.000 in 2 years and you would still have the shares
Naturally it is not as easy as just saying it, trading is never easy and not all can cope with it or have enough hair to pull out, but just think of the big people who do it on computers and think nothing of putting down $500.000 a day and you can see what the problem can be
Did I make that amount of money NO I was not trading
Okay who is selling ?, page-41
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Last
1.0¢ |
Change
0.002(25.0%) |
Mkt cap ! $15.62M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $8.598K | 859.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 209855 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 904264 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 209855 | 0.009 |
4 | 3595647 | 0.008 |
3 | 349012 | 0.007 |
3 | 544500 | 0.006 |
1 | 300000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 904264 | 1 |
0.011 | 900000 | 2 |
0.013 | 240000 | 1 |
0.014 | 134311 | 1 |
0.015 | 431158 | 2 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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AJX (ASX) Chart |