Be cautious when applying your knowledge of a company’s value to the price of its stock.
Values drive prices in the long run, but in a shorter timeframe, prices are connected to values with a mile-long 'rubber-band'.
In the scheme of things, we are at the fully extended end of the rubber band, if fundamental improvements continue (as they have been) and communications strategy to investors improves on methods of old (which it looks to be). The 'rubber band' will spring back.
Watch the paint dry..
AJX Fundamentals thread v2, page-5
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.62M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $2.814K | 281.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 4677965 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 139400 | 2 |
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| Last trade - 11.16am 19/07/2024 (20 minute delay) ? |
| AJX (ASX) Chart |