AJX 0.00% 0.8¢ alexium international group limited

Ann: Annual Report to shareholders, page-24

  1. 417 Posts.
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    Understand the frustration because of the share price, but if the market always reflected the true value of companies there wouldn't be much money left to be made.

    One of the advantages of being a retail holder is that you can get in before institutions, a lot of money cannot go outside the ASX300, specially not to a company with a thin balance sheet that has never had a positive quarter. So I'm happy the shareholder registry is a bit like our PCM market, not saturate yet.

    I look forward to the Quarterly report, if we get a positive quarter plus the extra $5mil cash at hand from the increase in the finance facilitate, more institution money may follow.
    Last edited by Wisefool22: 02/10/17
 
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