AJX 0.00% 1.1¢ alexium international group limited

Ann: April Newsletter, page-102

  1. 3,740 Posts.
    lightbulb Created with Sketch. 106
    I think septa nailed this one earlier when he correctly identified that B&Y had been left behind as AJX moved to US focussed funding, they'll now be advising their clients to sell into any liquidity and buy stocks they have a favoured relationship with. It's also salient to note septa' other assertion re the mispricing of stocks when large sellers are committed to an exit and effectively place a cap. This one could be held down inappropriately for a while before popping in a big way. That recent CR was oversubscribed and now opportunities to get in for a similar price present themselves. There could be an Avalanche of deals in the next 12 months, wouldn't bet against an iTextiles brokered tie up between Cordura and Alexium winning that DoD contract - then watch the fireworks.
 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $17.18M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 199983 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 2591500 2
View Market Depth
Last trade - 10.00am 09/07/2024 (20 minute delay) ?
AJX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.