Well folks what a day.
Just some info for you.
7 Posters today with less than 15 posts. 5 of them for the first time today.
18 posters posted on AJM for the first time today. About 50/50 between positive and negative.
Some of the posts today and I quote.
“my guess is we are about to go under a TO bid”
“ASX are all over AJM in regards to shaanxi and have to come clean on what they know and when they herd about”
“
ASX looking for full disclosure
don't shoot the messenger its just what I read on ASX web site”
“Hmmm..................PLS down 10% today..............I wonder if there could be some corporate action in the offing ???
I hold PLS and AJM”
“
The worse case scenario imo is a small CR for about $20m @30c”
“
guys could this be Shaanxi dumping? they are in crisis mode anyways.... any thoughts?”
Nothing wrong with these, just pointing out how much shite gets thrown out there .
But these are my favourites
Jezdufourq
1st ever post. “I think it will be bad news, AJM has been secretive from investors for about a month.”
2nd post. “One of their off-take partners is on the verge of bankruptcy”.
Wms 1st post on AJM 2nd post ever
FFS, first of all everything running behind schedule!! Off take partner has hit the dust!!
Non disclosure to the market. Heads will roll.
My point.
If enough crap gets thrown out there then the sharks will be circling waiting for you to part with your hard earned money.
Also for the people who say that HotCopper doesn’t influence decision making or the price of a stock.
“HotCopper has over 250,000 registered members, and more than 200,000 unique visitors every month and a huge 21 million monthly page impressions. The majority of our members are enthusiastic Australian investors and share market traders”
It only takes .01 of a percent (25 people) to wreak havoc. Face facts if I was a new investor looking at buying AJM today I know I would have stayed clear.
I’ll say again. I haven’t seen AJM do anything wrong in getting this company to achieving their goal of being a great producer of Lithium. I will agree the last few days in handling the media has left a bit to be desired but hey they are miners not PR management.
Go thru all the announcements for the last year again and decide if you should hold or stay and treat a lot of the fluff that is posted on HC as for the crap that it really is.
Have a great week end everyone.
