I've been watching for coming up to a year now .
Initially the obstacle to pulling the trigger was management . They were finance people rather than businessmen and the whole thing seemed to be conceived as a vehicle with a pre-determined exit .
Nevertheless , the company has survived in spite of totally inexperienced management , their excessive remuneration packages and the over the top premises .
Still like the idea of fire retardants and phase change materials but one questions how profitable it is . Starting to look like a hard business to make money in .
May well take the plunge on the assumption they will within the next 12-18 months achieve profits which will fundamentally underpin the current SP and limit downside .
Some might view AJX worth holding on the oft chance that Alexicool or Alexiflam become the next Goretex . Once profits limit the downside , that becomes a fair punt .
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0.8¢ |
Change
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Mkt cap ! $12.49M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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8 | 1494467 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.0¢ | 255644 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1494467 | 0.008 |
6 | 3850194 | 0.007 |
3 | 414667 | 0.006 |
1 | 300000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 255644 | 2 |
0.011 | 986958 | 3 |
0.013 | 240000 | 1 |
0.014 | 134311 | 1 |
0.015 | 1200 | 1 |
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