I am beginning to think that we may well be engineered to be right here for the duration - until listing - then where to? I have no idea - but, I do expect north.
I keep getting a memory jog of a conversation I had with someone very close to ajx players and financial instos in the US -------- it was an odd part of the conversation at the time - and, it remains odd to me.
It must have been in January this year -- we were just shy of 80 cents - maybe 75, maybe 78 - and, the sp had been storming for months.
I was told that this person expected the SP to get to 80 and settle there. It was like - that was were it was supposed to be.
I thought at the time - well, that wasn't a big call - after all, it looked like we would be at 80 in a day or two - so, I couldn't see that this was crystal ball stuff at all.
So, since then - yes we did hit 80 and yes, we fluffed around there for ages - then, we broke upwards - as technically, it looked like if we did break north we would run - and, we did.
We then hit a wall at around 110 and fell back to 80 again then jumped back to 117 - and now - as if by magic ----------- back we are to that magnetic 80 -- a bloody gain.
That odd conversation keeps coming back to me.
I have often got the feeling in between Jan and now that this (and, I really have no idea how) - could well be engineering by friend or foe to keep us firmly around that 80 mark - for?? some purpose.
As the days go on - I am more suspecting friendly forces - again, I am unsure how - actually, not so much how - as, I can see how you can do it - but, what confuses me is the scale of it - ie. if this is orchestrated - the number of players involved would have to be more than just one - probably more than one or two.
I have learned a long time ago not to ignore my feelings on these things - so, if I assume there is something to it - then, my gut tells me it must have something to do with listing - we don't want it too high, we don't want it too low - we want it just right.
I find that is in contrast to what Nick says about the SP being relevant at all to the listing - but, that might be me 'misunderstanding' what he is saying.
In the end - what logic tells me is that - all our AJX players are in this for the same reason as we all are - besides non monetary reasons, we are in it to do well, to make money and, in the end, have a business that is highly valued - in dollars.
So, to that end, if there is a plan, and if there is engineering at this stage (we have been told during and post listing - there will be engineering) - then, I am happy to live with it.
If there isn't - then, fine - it is what it is ------- but, it certainly seems odd how it has gone - I really didn't expect to be back at old faithful 80 again - but, here we are.
Fat and happy - but, just a little confused
Pinto
AJX Price at posting:
80.0¢ Sentiment: Buy Disclosure: Held
(20min delay)