"Basically im more inclined to think we'll grind lower both shares and property in a Japanese type fashion"
hmmmm - I wouldn't be all that sad for AJX in that environment. I could be wrong - but, those conditions could well be glorious for us (only talking AJX - not talking other investments).
IMO - in Japanese style conditions - there would be enough confidence to outlay money on something for growth (profit growth) in a company on a sure thing - like putting in a process into your line that would replace 2 processes, drop your cost and increase your salability of your product ------ if that makes sense ------------------ BUT,
not enough confidence or free cash for investment in major projects ----------- like chasing a new chemical for FR to catch up with this cockly little bugger who just pinched the US military and has the bedding market and transportation etc. --------- where you have to put a lot of bucks down on the table - put in a lot of hard yards and have no guarantee.
OK - I could be playing with myself there - but, it makes perfect sense to me.
Of course others might disagree
Also - betting on a sure thing would be to have a tilt at buying the cocky little bugger - as he already has the contracts in place ---------------- come in spinner!
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Last
1.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $16.40M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $479 | 46.06K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 5248052 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 134000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 5248052 | 0.010 |
2 | 200099 | 0.009 |
2 | 182600 | 0.008 |
1 | 200000 | 0.007 |
2 | 1000032 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 134000 | 1 |
0.012 | 186887 | 5 |
0.013 | 486009 | 5 |
0.014 | 363311 | 2 |
0.015 | 1001200 | 2 |
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