Wrote this 22nd Aug....Don't think I got a response from memory. AJM was 13.5-14c.
"Apparently AJM DFS is also due by end Sep.
AJM has been hammered last few months.
I am getting interested at 10c, wow, a Lithium play...but looks like a good trade if it can put a good reversal hammer off 10c.
Does anyone think a AJM/ PLS tie up like GMM/GXY is likely?
thoughts?"
3 days later PLS announce co-operation agreement with AJM. AJM bounces from 11c to 15c.
I was watching very closely at 11c looking for that hammer, then the news came. DOH.
I am going to buy AJM for LT now if it retraces...as I think AJM has more upside than PLS, much like GMM did with GXY.
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