re: Ann: Alexium Research Report By Baker & Y...
Hi hughjas, sorry for the late reply. I am in Bali catching a few waves. Jesse seemed to lose his money in the markets by not following his own rules. Irrational exuberance , got too cocky. He was a manic depressant. The best he did was during the great crash. He was often blamed for the great crash as he was short in a major way. The best of us come a cropper at some stage. I think he was bankrupted 3 times in his career and supposedly the richest man in America twice.
Not sure about his wife. I will check it out. I know she wouldn't help him out by selling a few of her assets (which he bought her) when things got a bit tough.
Looks like plenty of supply over 18 cents. My broker made a big push at 18 cents last week and got no where. Baker Young are the biggest sellers along with Macquarie. Smells like a placement coming up. Hopefully if so its just a small one. Maybe to an industry player. Could be positive if there is a placement as their low cash position might be holding it back. I wouldn't mind a bit of money spent on a big marketing push.
AJX Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
