This company was starting to look promising with margins going up & becoming cash flow positive. However, q2 was abysmal & showed that even with volume growth the revenue has gone down. This is what happens when the competition starts lowering their prices. It's going to be a long time before AJX will be able to become profitable imo. They probably need to double their revenues just to break even. Lucky they managed to push through the capital raising before the q2 & hy reports, otherwise they'd be screwed.
This company was starting to look promising with margins going...
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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 | 42000 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 11400 | 1 |
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| Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
| AJX (ASX) Chart |
Day chart unavailable