AJX 0.00% 1.0¢ alexium international group limited

Outcome of GM, page-32

  1. 2,138 Posts.
    lightbulb Created with Sketch. 8
    I think some of you forgot how money are being made. They are made initially by issuing new debt. Banks are lending for houses. Some of this newly created money (deposited to the seller of the house) leak to economy and salaries. Then some of the remaining money from salaries goes to stocks. Whoever bought cheap and sold for more - takes the money of the person who bought in later (like myself). These money are not being created by the company! Nor they are going to the company! Except dividends and capital raising. And market cap is just on paper. If all of us will try to sell it tomorrow, we will never get all. Because this money does not exist. There is no $1.05 for each AJX share in the world!
    Sorry for off topic.
    Anyway, lost 4% today. Hopefully there will be more new entrants later who will loose their salaries to me!
 
watchlist Created with Sketch. Add AJX (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
0.000(0.00%)
Mkt cap ! $15.62M
Open High Low Value Volume
1.0¢ 1.0¢ 1.0¢ $102 10.18K

Buyers (Bids)

No. Vol. Price($)
6 3978785 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 113120 1
View Market Depth
Last trade - 12.28pm 26/07/2024 (20 minute delay) ?
AJX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.