AJX 0.00% 1.0¢ alexium international group limited

Ann: Alexium / Cowen Partnership, page-52

  1. 34,916 Posts.
    lightbulb Created with Sketch. 480
    I'm not sure too many jumping off, those that are here now have genererally seem to be the ones that believe the story and are prepared to ride out the bumps.

    Yes just to put this in perspective, the fall from 74c this time last week to the low of 55c on the 1st was on the back of around 7 or 8mill shares. That's just 2.8% of total shares on issue. And how much of that was churned trader money? There is not a mass exodus, there's not enough shares being traded to make that assumption. But there are nervous nellies that get shaken out in these situations of transfer from researcher to commercialisation. Common accumulation technique.
 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.