AJX 0.00% 0.8¢ alexium international group limited

looks like pain before gain, page-30

  1. 9,836 Posts.
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    The problem isn't sellers imo - its the lack of buyers. Plenty of sophistos would have taken up the placement for a quick hit and run and now they are stuck and would be happy to take a small loss to move on.

    The roadshow was a failure. It was made after the placement. Buying support has been negligible. For all the talk of instos on board in the end they are not supporting the share price.

    Need dollar figure announcements to kick this on or it will keep drifting.

    Happy to hold though as the company is doing all they can and it is a matter of time before the market latches on. This is revolutionary technology that will sooner than later disrupt its marketplace. Should be over the next few months as the sales and marketing teams kick a few goals.

 
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