AJX 9.09% 1.0¢ alexium international group limited

Yes but rises in SP from positive language for AJX have a...

  1. 2,935 Posts.
    lightbulb Created with Sketch. 149
    Yes but rises in SP from positive language for AJX have a tendency to be short lived. The news is positive, but more confirming expectations already set by communications, rather than being specifically new positive developments in their own right, so does it really warrant a SP rise?
    Really the only unexpected part of the announcement was that they needed the additional funding. From that point of view the SP movement today is sensible - however I suspect that without the new shares at 35c there would otherwise have been a price spike for the rest of the week.
 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
-0.001(9.09%)
Mkt cap ! $15.62M
Open High Low Value Volume
1.0¢ 1.1¢ 1.0¢ $16.24K 1.561M

Buyers (Bids)

No. Vol. Price($)
7 7392398 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 2000 1
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
AJX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.