AJX Fundamentals thread v2, page-28

Wisefool, I tend to agree with you. I have been reviewing and analysing AJX 4c's for the last 18 months. AJX are usually on the ball with the forecast prod manufacturing costs in 4c's, also from my rudimentary review of cash flow to prod manufacturing costs margins have significantly increased in the last 18 months.

There is absolutely no doubt that the AJX SP was overvalued due to hype - this is particularly prevalent on HC... My usual first step (barometer) to investing is see how many people post on HC - high number, proceed with extreme caution, or turn and run away!....

However, right now, a current MC of $40M, $15M in the bank (yes I know cap raise and it hurt..) and revenues of c.$20M - now is a compelling time to invest IF you believe AJX can be cash flow positive in the near future... I personally believe they will be based on my analysis of the 4's.

I agree with your comments and have added to my small holding late last week. As the SP continues to fall I believe AJX is becoming more appealing...