Australia's largest stock trading and investment forum Australia's #1 stock forum

AJX

Click for more information

0.00%

1.1¢ alexium international group limited

They are alot more impressive in person aren't they??

First 36 Last

Share
Profile

Follow
gsad1000

5,998 Posts.

525

08/05/18

19:54

Post #: 32965939
Share

Originally posted by Ruggerbugger ↑

I really think some shareholders are assuming that Dirk and management made some announcement that forced that share price collapse. The way it was explained to us was that post the placement at 35 cents the market experienced some softness leading to one of the new institutional investors to sell out followed by another for some governance reason. Shortly after that some Asian hedge fund sold the stock down from 29 cents to 19 cents where more damage has been done by retail investors. I have personally heard that Fidelity has been a constant seller. Some of these funds are forced to sell when a company’s market cap falls below a certain value. Not Alexium’s fault but the rebuilding will start with a new group of institutional shareholders - hopefully more loyal than the last lot.

Expand

They are alot more impressive in person aren't they??

AJX Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

ZNC

Zenith's sale of Develin Creek delivers $975K cash, with shares up 13%

The iron ore comeback: Can it last?

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

HAS

Hastings progressing Yangibana to production with lower costs

There are more pages in this discussion • 30 more messages in this thread...

First 36 Last

Add AJX (ASX) to my watchlist

(20min delay)
Last 1.1¢		Change 0.000(0.00%)		Mkt cap ! $17.31M

Open	High	Low	Value	Volume
1.0¢	1.1¢	1.0¢	$3	266

Buyers (Bids)

No.	Vol.	Price($)
1	59013	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	767921	5

View Market Depth

No.	Vol.	Price($)
1	59013	0.010
5	2072715	0.009
4	4186222	0.008
3	349012	0.007
3	544500	0.006

Price($)	Vol.	No.
0.011	767921	5
0.013	240000	1
0.015	431158	2
0.017	321118	2
0.018	115942	2

Last trade - 15.37pm 30/09/2024 (20 minute delay)

AJX (ASX) Chart