At this time there is no date as to when the re-quotation will occur. Hopefully before the end of this financial year.
I can't see any rush to sell my AJM, as the price on re-quotation is likely to be insignificant. I am taking a guess when I say between $0.002 and $0.006 per share. And that is if there are any buyers.
The only reason to sell at such low prices for me will be to claim a capital loss against other capital gains in this financial year. As that capital loss will not be able to be offset until after 30/06/2022, I plan to wait until towards the end of the financial year, to assess where AJM are in regards to progress of SYA, Fish Lake and any other exploration activities.
Of course, if you feel that after re-quotation, AJM might once again slip into trading suspension, then selling at the first opportunity is an option.
AJM Price at posting:
7.0¢ Sentiment: None Disclosure: Held
