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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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.18M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $1.759K | 161.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 108856 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 87584 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 108856 | 0.011 |
6 | 5753500 | 0.010 |
3 | 271111 | 0.009 |
2 | 182600 | 0.008 |
1 | 200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 87584 | 3 |
0.013 | 268409 | 2 |
0.014 | 363311 | 2 |
0.015 | 1001200 | 2 |
0.017 | 106500 | 2 |
Last trade - 14.14pm 26/06/2024 (20 minute delay) ? |
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AJX (ASX) Chart |