In fact in Oz cheap oil is an absolute bonus for 99% of our industry and of course consumers. Its a little different in the US as they are a net exporter now but none the less, IMNSHO the whole oil freak out is way over blown, our economy is basically sound and of course AJX is very sound going forward and in fact is posting positive news, which is blown out by the volatility. However technically a company like AJX ticks all the boxes for "safe haven" being large market share growth, huge revenue growth forecast and new technology with patents. It was a winner before its still a winner now, and way over sold but so is everything as fear outpaces fundamentals. Buyers will be rewarded, I assume Feb 28 half yearly and next 4C should confirm this.
AJX sell off, and it will bounce !, page-110
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.46M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 42000 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 11400 | 1 |
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| AJX (ASX) Chart |
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