Good to see AJX is reasserting it's trend.
The SP had a good rise into the end of 2013 as the technology was confirmed and proof of concept achieved. Investors may have expected too much from the company to then translate that scientific success immediately into revenues. This is likely the reason for the SP drifting lower since January.
The recent commercialisation announcements show that AJX is gaining traction in this process and investors are once again encouraged.
Whilst a massive SP rise is often followed by a decline due to profit taking, it would likely be a mistake in this case IMO. I have made that mistake many, many times previous including CAJ and MBE that instead of earning me a couple of bags could have been +10 baggers if I had only been more patient !!
Cheers
John
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Mkt cap ! $17.31M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $3.3K | 300K |
Buyers (Bids)
No. | Vol. | Price($) |
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5 | 2072715 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.0¢ | 133 | 1 |
View Market Depth
No. | Vol. | Price($) |
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5 | 2072715 | 0.009 |
3 | 4111222 | 0.008 |
3 | 349012 | 0.007 |
3 | 544500 | 0.006 |
1 | 300000 | 0.005 |
Price($) | Vol. | No. |
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0.010 | 133 | 1 |
0.011 | 768054 | 5 |
0.013 | 240000 | 1 |
0.014 | 134311 | 1 |
0.015 | 431158 | 2 |
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