Sentiment.
And EDE has a substantial holder propping up the price (or so I hear since I am no longer a holder)
I held EDE from 6c to 27c and sold out because it became WAY too expensive. Good potential, but the SP needs to breath. It just isn't much yet.
AJX is now entering the zone where negative sentiment is driving the SP to ridiculously cheap valuations.
MC of $150m for AJX shows that this end of the market is NOT forward looking.
AJX - the future - not past quarter, page-14
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 (20min delay)
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $15.62M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $2.375K | 220.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 4936365 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 247382 | 1 |
View Market Depth
| Last trade - 15.30pm 18/07/2024 (20 minute delay) ? |
| AJX (ASX) Chart |