As I explained in my first post just a few days ago, I'm a simple investor.
My approach reflects this. I look for companies that I think are likely to grow profitably such as AJX. Looking at the published data over the past couple of years, I am of the opinion that the data for AJX shows a company that will generate profit soon, and that this profit will grow faster than revenue and earnings per share will grow rapidly over time. Just my opinion. You have yours.
I have invested a modest sum in this stock that I think will grow substantially over my period of ownership, which I expect will be several years. This is my method of investing in the market which has made me far better returns than fixed income products.
More sophisticated investors (and probably more knowledgable investors) trade much more frequently looking at current/ recent data and take account for market sentiment. Some will certainly get better returns than me, some won't. It's the excitement of the market!
Reading some of the posts on AJX it appears that some have lost faith in the company, feeling that they will not seen the positive return they wished for. Fair enough. You made, by your own judgement, made a poor investment decision, get over it. Given this, IMO (as a simple investor) your best action might be:
Sell the AJX stock if you think it will continue to be a poor investment (you might be right)
Use your judgement, find another (better?) stock that you have faith in.
But please, please Stop whinging, (Not something you often see a Pom saying) I'm sick of reading about your belief you have invested poorly. I've my own lemons to worry about.
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.91M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000000 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 331368 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000000 | 0.012 |
1 | 880742 | 0.011 |
1 | 550000 | 0.010 |
4 | 251000 | 0.009 |
3 | 201500 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 331368 | 2 |
0.015 | 105000 | 1 |
0.017 | 53610 | 2 |
0.018 | 115942 | 2 |
0.019 | 37500 | 2 |
Last trade - 16.12pm 27/12/2024 (20 minute delay) ? |
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AJX (ASX) Chart |
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