Markets are both exhilarating and cruel. Bumper crop to duster year, each requires the other to function. A wipe out like AJM is fortunately uncommon, could be about as common as the 20 bagger. Both sides of the extreme if you will. AJM’s capital loss will be crystallised in some way, many would like that ASAP, understandable enough, balance the books a bit and move on, they will get that option for sure. I will stay with the wait and see’s. In 12 months we will get another similar opportunity to crystallise against hopefully another years good fortune. Those holding will get to maintain an interest in the good or bad of this ticker code for another year, I have no idea at all on where this will sit in 12 months.
Cheers Phil.
AJM Price at posting:
7.0¢ Sentiment: None Disclosure: Held
