"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
1.3¢ |
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($) | Vol. | No. |
---|---|---|
1.4¢ | 11400 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 42000 | 0.012 |
2 | 3999999 | 0.010 |
5 | 2072715 | 0.009 |
3 | 1186222 | 0.008 |
2 | 240000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 11400 | 1 |
0.015 | 801200 | 3 |
0.016 | 429958 | 1 |
0.017 | 321118 | 2 |
0.018 | 115942 | 2 |
Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
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