christ that's ballsy. Think about what you are doing HT, nothing is a "no brainer" in life, except birth &death (oh and taxes).......I reckon Australia is in for a bad couple of years - recession etc (we have already got it here in WA) and that will affect the stock market, on top of that AJX already has a mkt cap of $180m - that's a lot of goodwill already written into the company in my opinion.
I remember doing the same type of thing in 2000 when the great bull market in IT stocks was in full swing, thought I was bulletproof, it cost me 300k GBP......
The stock market is for fools and gamblers, you generally become a millionaire by starting as a multi millionaire.....
Would hate to see anyone on here lose as I did previously, it's not a pleasant thing to go through....think it through mate before jumping into it, and if you do, I really really hope you come out fantastically wealthy...
AJX Price at posting:
69.0¢ Sentiment: Buy Disclosure: Held
