I am with you as I like the verbiage from the CEO Billy Blackburn. They are priced as if they are headed for immediate administration. I remember when SBM was trading under 10c and ran to several dollars from a similar situation. I do not think AJX are headed to $1+; that is not my point and I don't want to appear to be ramping. Talk of profitability has never looked more possible. I am discounting the military to zero of course.
I like the strong price and volatility compression on the chart and the technical signals. IF and I mean IF, this can establish some sound financials then the upside is compelling. It is still high risk, however I want to thank BB for the ray of light at the end of this long tunnel. I am shifting my sentiment (for what that is worth) to a highly speculative "buy". Take that with a grain of salt.
GLTA(long suffering)H CW
AJX Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
