Thinking out loud here... It has crossed my mind that our entry...

Thinking out loud here...

It has crossed my mind that our entry into the ASX300 is having a negative impact at the moment.
Moving into the ASX300 index will force Instos to assess AJX against different criteria (eg. certain fundamentals must be met), whereas when we were a Small Cap they could have taken a speculative stake based on upside.

I suspect the whirlwind visit to Australian Instos the other month may not have been to drum up new interest, but rather to meet with existing holders to say "hold on, don't sell us off, significant revenue is around the corner". The institutions that didn't buy the story may now be exiting to move into other stocks that fit their criteria.  

Its only a thought, but fits my logic and with the lack of interest since entering the Index and Nick's visit, now followed by strong selling. Add increasing short positions and who knows where we could go, but probably not up.

Evidence will be if we start getting some 604 Forms lodged in 3 or 4 weeks.