Be careful of posters taking a position and ramping the stock. The balance sheet is as bad as it’s ever been. In the last 12 months it’s deteriorated a further US$2.5m…….currently running at negative equity and needs addressing before it’s too late. AJx owes $7m to its major shareholders and I wouldn’t imagine they would want $7m in stock when you struggle to sell a $1000 worth a day. 0ver a $100m spent and nothing to show but a debt ridden disaster…….. CFO resigning says it all imo.
AJX Price at posting:
2.0¢ Sentiment: None Disclosure: Not Held
