When looking to invest I always take note of the Dollar volume, it's no good thinking you've made a profit and rich when you can't sell the asset. AJM when it was trading around the 20c was doing volumes of 15M to 30M. January trading between 13c and 16c has probably only averaged 2.5m. IMO to disregard volume demand and the dollar value is dangerous. With probably at least 700M shares available outside the top 20 I would not say it is tightly held, IMO at the moment it is more likely it is unloved which is probably due to much promised for December not coming to fruition.
AJM Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
