AJX 9.09% 1.0¢ alexium international group limited

Bullish Chart, page-56

  1. 11,293 Posts.
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    @thunderhead1

    Well - it is tax loss taking season in Aus, and I suspect that seasonality may be as much to blame as anything else ATM for the submarining SP. Really not a great time to have a roadshow (implying a cap raise to many). Galls me that I should have put my bid at 12.5c and not 13c - lol.

    As a Biochem and Chem grad - i very much hate the fire retardent chemicals potentially residing in the dust bunnies around our heating vents at home. Those chemicals are ripe for a phase out. The military app seems excellent too. AJX will not win all of it, but I believe they have a good part to play. I suspect sentiment is being impacted by the SP and the story is far better than the action appears. But I don't mind looking at something speculative with a tech/IP angle to it.

    The risk is I may end up with shareholder Stockholm Syndrome and be posting on here incessantly for years as the SP keeps falling - lol.
 
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