AJX 4.35% 1.1¢ alexium international group limited

new email out, page-110

  1. 3,740 Posts.
    lightbulb Created with Sketch. 106
    When the sales become predictable the explosive growth phase will probably be over as the market will be becoming saturated. I hope/expect the company will maintain momentum by accelerating into new markets as they corner the prior, e.g. if fabrics is 'done' by mid 2017, plastics/building materials will hopefully be offering the new opportunities. Ideally once FR is looking good/stable the RST tech might open up other new areas.

    Taking a step back, the markets targeted/identified in fabrics alone could easily support a market cap multiples of the current. The company is also beginning to indicate that fabrics could be 'done' within the short term, with growing market awareness of AJX offering and the legislative hammer about to drop you have to be bullish in the medium term. I think plastics/resins offers the best opportunity for near term upside potential/'blue sky'.

    I doubt the SP volatility/shenanigans is half done yet as concrete news isn't guaranteed until the next 4C.
 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
-0.001(4.35%)
Mkt cap ! $17.18M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $169 15.4K

Buyers (Bids)

No. Vol. Price($)
3 96350 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 2538461 2
View Market Depth
Last trade - 09.59am 16/07/2024 (20 minute delay) ?
AJX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.