l think you're right - AJM is clearly a company that unanimously pivoted towards China rightly or wrongly. The macro front is dominating headlines in China right now with trade war risks, rising inflation and declining consumer confidence all affecting consumer confidence in our core market.The Chinese government don't operate like other governments and have an important number of tools to stimulate economy should things deteriorate further. they will aim stimulate strategic industries and the automotive EV industry will be one such industry. Watch out for a Q1 2020 recovery IMO. if we can keep cost of production and cashflow in check until then we should have weathered the storm.
- Forums
- ASX - By Stock
- 1MC
- AJM outlook and future
AJM outlook and future, page-3
-
-
- There are more pages in this discussion • 83 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 1MC (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.2¢ |
Change
0.001(3.23%) |
Mkt cap ! $8.922M |
Open | High | Low | Value | Volume |
3.1¢ | 3.2¢ | 3.0¢ | $24.72K | 794.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 425276 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 288966 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 225276 | 0.030 |
3 | 465677 | 0.029 |
3 | 85701 | 0.028 |
1 | 61938 | 0.027 |
1 | 37074 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 288966 | 1 |
0.033 | 374442 | 2 |
0.035 | 200000 | 1 |
0.036 | 500000 | 1 |
0.040 | 40000 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
1MC (ASX) Chart |