AJX 0.00% 1.1¢ alexium international group limited

The Market Judges, page-32

  1. 539 Posts.
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    I was in the same boat you find yourself now ...down $80k. The best decision I made was
    to sell . This was a hard lesson for me to learn ! I rode this like you up to $1 and down to 13c
    where i sold .... Stupidly I believed in their rhetoric ...The lesson mostly learned was that
    quality and experienced management is necessary for me to invest in any stock ...if you
    haven't got that , then the company is not serious in its endeavours to be sucessful...
    AJX has never had an experienced CEO or Board ...the CEO buck was always passed to
    the next in line....there are better places to put your hard earned , but that's your decision.
    .... One day investors will tell the story of AJX and then wash their mouths out with
    soap....recently watch a tv show about about Ivan Milat , he denied everything to the day
    he died ...similarly AJX will keep purporting new markets to suck in investors ...how's the
    timber /lumber FR going or the medical gowns ..Oh ..we're into foam at the moment ...just
    hang on thats Imminent.... NC my best mate ? Don't know where you got that ...at least
    he made $11m in half year in sales with only $100k loss ..not like the CEOs that followed him
    that have lost tens of millions ...
    BTW ..noticed that AJX haved reduced staff wages in the next forecasted 4c from $800k to $580..
    however they have increased corporate wages by about the same ..probably to help CEO and
    Board pay $600k they have committed to the rights issue ...https://hotcopper.com.au/data/attachments/1808/1808178-ec82bda4bbb6b4c4e2e0dfabe02f577c.jpg
    Forecasted outflows for next quarter

    https://hotcopper.com.au/data/attachments/1808/1808180-9d4b2f32f9b9a1b62bc94bebf8c38e48.jpg

    Believe what you want..and Goodluck...

    All IMO
 
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