Hammer gather round I'll tell you a little fact.
Back in 2.2.2015 the share price was 67c, the next trading day after the quarterly.
Fast forward 2 years and AJX traded at the very same price of 67c after the quarterly.
Are you following? Ok, so what's my point.....2 years ago it had just announced the revenue was just $13000 for the quarter. Fast forward again and AJX announce a 40800% increase from that figure at $5,311,000 in revenue.
The moral of the story is, revenue doesn't mean anything. The sooner you look at the real issues, the sooner you will understand why AJX trades at the same price.
Ann: Appendix 4C - quarterly, page-103
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.46M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 999999 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 137511 | 2 |
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