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0.8¢ alexium international group limited

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gsad1000

5,998 Posts.

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17/05/18

20:30

Post #: 33174382
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Originally posted by Orson ↑

As someone who got stopped out on the drop from 29c, I haven't bought back in. I knew the technicals looked good for a short-term bump after the EGM, but hung back as I thought it would drop back like this.

I believe in the company, and was very happy to wait for the second half of 2018. Then I ran a mile when I saw the terms of the debt facility. Added to that, the US regulatory environment has changed. Price is king now, facts and science don't matter, and a company appears able to lie through their teeth about their product as all regulations preventing them doing so have been repealed.

So my argument for buying back in isn't working for me. The debt payments, shift in the market, lack of interest in safety regulations, past history of overly optimistic claims, need for evaluation tools to differentiate between the effectiveness of AJX products and that of competitors (along with a few other things) have changed my approach.

Just thought I'd offer an honest opinion from a potential buyer who still believes in the potential of the company. Hoping to find better reasons to buy soon. Best wishes to all.

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Fair enough. Although in the states, once a product is shown to be dangerous, you are on very shaky ground if you keep selling it.

AJX Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $12.49M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$92	11.5K

Buyers (Bids)

No.	Vol.	Price($)
2	484425	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	706022	4

View Market Depth

No.	Vol.	Price($)
2	484425	0.008
4	3349012	0.007
5	1009881	0.006
1	300000	0.005
1	500000	0.004

Price($)	Vol.	No.
0.010	706022	4
0.011	1400000	3
0.012	166666	1
0.013	240000	1
0.014	134311	1

Last trade - 12.05pm 12/09/2024 (20 minute delay)

AJX (ASX) Chart