AJX 9.09% 1.2¢ alexium international group limited

That's approx. a million bought over 5 days. My understanding is...

  1. 2,487 Posts.
    lightbulb Created with Sketch. 205
    That's approx. a million bought over 5 days. My understanding is that Mac have been watching this stock for some time (as have Goldman Sachs) . Probably a better link for Mac Equities Ltd is this : http://www.macquarie.com/au/corpora...nvestment-management/insights/the-way-forward
    Particularly good is the PDF download : 2017 Investment Outlook.
    here's a small snippet on equities in 2017 and the Trump effect. It's a fairly wide held view in the so called "investment community" contrary to what has been naively claimed here recently....while they acknowledge the short term enthusiasm of the election, they all say this as well:

    Roger Early: The key may be the stance on globalization. If Trump stresses an isolationist agenda, that could be troublesome for U.S. growth and certainly not good for global growth. It would be an agenda that could hurt confidence and affect equity markets. We could also see divergent monetary policies, growth could slow down, and by mid-to-late 2017, a growth shock is not out of the question. If that’s the case, given that most risk assets, including credit, are fully priced, markets face a challenge** later in the year. (source: The way forward 2017 Global Investment Outlook
    presented by Macquarie Asset Management) **(read major correction)


    They also go on to say that the proposed infrastructure fiscal stimulus will also give short term gains but substantial longer term problems with the ever ballooning US debt. And given that the price of gold has very quietly and persistently edged up, there is significant money hedging right now into a future risk on scenario.

    So in light of their own analysis it's even more interesting that Mac Equities is a net buyer of AJX and probably on going. Food for thought.
 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
0.001(9.09%)
Mkt cap ! $18.74M
Open High Low Value Volume
1.1¢ 1.2¢ 1.0¢ $2.259K 207.5K

Buyers (Bids)

No. Vol. Price($)
1 167949 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 80180 3
View Market Depth
Last trade - 15.40pm 28/06/2024 (20 minute delay) ?
AJX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.