Revenues are the key catalyst to a re-rating of AJX. It will make all the 'potential' upside that much more certain.
Instead of welcoming a takeover it is one of my fears for AJX. If the company's product(s) are half as good as the testing is indicating this could be a truly massive company in time...
After doing all the work and taking the big punt prior to commercial viability is confirmed why would you accept a mere 30-100% profit upside from a takeover now [given that this is the typical premium offered on takeovers]?
Cheers John
AJX Price at posting:
16.0¢ Sentiment: None Disclosure: Held
