I've been watching for coming up to a year now .
Initially the obstacle to pulling the trigger was management . They were finance people rather than businessmen and the whole thing seemed to be conceived as a vehicle with a pre-determined exit .
Nevertheless , the company has survived in spite of totally inexperienced management , their excessive remuneration packages and the over the top premises .
Still like the idea of fire retardants and phase change materials but one questions how profitable it is . Starting to look like a hard business to make money in .
May well take the plunge on the assumption they will within the next 12-18 months achieve profits which will fundamentally underpin the current SP and limit downside .
Some might view AJX worth holding on the oft chance that Alexicool or Alexiflam become the next Goretex . Once profits limit the downside , that becomes a fair punt .
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Mkt cap ! $17.18M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 1166370 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.1¢ | 58736 | 1 |
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No. | Vol. | Price($) |
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4 | 1166370 | 0.010 |
2 | 700000 | 0.009 |
3 | 516044 | 0.008 |
1 | 200000 | 0.007 |
3 | 628000 | 0.006 |
Price($) | Vol. | No. |
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0.011 | 58736 | 1 |
0.012 | 45455 | 1 |
0.013 | 240000 | 1 |
0.014 | 564269 | 2 |
0.015 | 1200 | 1 |
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