I agree mate, it should be perfect for small lean growth companies like AJX, which is why i also hold larger longer term positions in both RAP and SMN - but AJX is by far the largest.
We see more central banks with negative interest rates - which is unbelievable and shows how far away we've moved from 'free markets'. Never the less it indicates they're fighting deflation while govts continue the nanny state spending to keep money supply up.
So yeah, less free cash for large companies to venture into new fields with debt worrying investors while their profits and divis disappear. Usually cash is king, but central banks and govts will keep pumping money for not only increasing welfare but low currancies for economic growth. So while cash is usually king in deflationary enviroments i think gold should perform better - but KING of them all will be lean debt free growth companies with an edge.
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I agree mate, it should be perfect for small lean growth...
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $20.25M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $2.021K | 159.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 181195 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 39611 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 181195 | 0.012 |
2 | 1250000 | 0.011 |
4 | 4700099 | 0.010 |
4 | 304803 | 0.009 |
2 | 182600 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 39611 | 1 |
0.014 | 159822 | 2 |
0.015 | 1585046 | 6 |
0.016 | 65000 | 2 |
0.017 | 106500 | 2 |
Last trade - 14.09pm 10/05/2024 (20 minute delay) ? |
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Last
1.3¢ |
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Change
0.001 ( 18.2 %) |
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Open | High | Low | Volume | ||
1.2¢ | 1.3¢ | 1.2¢ | 92611 | ||
Last updated 14.09pm 10/05/2024 ? |
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AJX (ASX) Chart |