The company just really needs to deliver a nice big 8 figure contract in its flagship fire retardant lines if it is going to wake the market up. Two years now since that first Ann. RE: "Alexium wins first client". Since then market updates and results have run on completely different trajectories.
The Pegusus deal has plugged the leaking SP. IMO The recent price climb has been from HC retailers who had been waiting with baited breath on the US Listing as a buy signal.
I believe there is a feeling of the boy who cried wolf towards AJX from market. I don't think there will be a reaction to smoke anymore (in the form of high volume buying), genuine buying pressure won't come on till they see the fire.
If so there will be money to be made for those with their ear to the ground
The company just really needs to deliver a nice big 8 figure...
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