AJX 9.09% 1.2¢ alexium international group limited

Run up since December

  1. 83,409 Posts.
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    Morning all,

    thought I better start another thread as this doesn't fit any of the others. Hope you all had a great weekend.


    I redid some calcs for my estimates on the 4C this time - using Dirks coded refs. in the Operational Review ann. 12 Dec. that through us all in a spin.

    I got an est. for this 4C of $5,743,000 - which is quite pretty. (I won't be surprised for it to be considerably above that - but, that is just a personal suspicion).

    But, what was probably more interesting was to look at the chart since then -

    pic. is worth more than words - here it is with notes below

    pic heresmall .jpg

    ok - so, what I see is a sell down on the 12th Dec. - probably from what our tizz was all about - confusion and words like losses etc. -

    but, now - it looks like it just flushed out the very last of the dregs in the bucket -

    since the 14th - she has been off like a rocket. My take on a very quick think on it is that the final sellers were flushed - BUT, at the same time - Dirks message was enough to telegraph that the Alexium story is real.

    It will be interesting to see what the 4C does to the price/demand - as it may have been accurately telegraphed and picked up on by Dirk's language/message ----------- but, of course - the figure might be better or worse than he suggested.

    whichever way it cuts - less than a week to see the ann. and then apx. 5 weeks to see the half report - which will paint another colour on the picture. Both receipts in the 4C and revenue in the half - seem certain that graphically they will be very strong.

    have a great day all

    Pinto
 
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