AJX 0.00% 1.0¢ alexium international group limited

Hindsight, page-127

  1. 2,317 Posts.
    What are you going to think when it's in the 30s. Seeing a parallel between this stock and OBJ. Both had unrealistic market caps close to $200M. OBJ's bubble has burst and market cap now under $100M. Similar situation puts AJX at say 35c. Which is probably fair value. $10M sales at 25% = $2.5M . PE of 40 puts it at M/C of $100M. And that is being generous.

    Love it that everybody says they are buying on the way down and the references about Warren Buffett doing the same. Where is the paid puppet - MIA.
 
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