AJX 9.09% 1.0¢ alexium international group limited

Can't say I have seen too many cases where AJX has played to the...

  1. 1,909 Posts.
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    Can't say I have seen too many cases where AJX has played to the same songsheet, in this case 53/53.5 cents, for the third day. Moreover on each day, particularly so today, there was a clear move to ensure that it closed at 53.5 cents again. The bots bounced the SP around in the last few seconds before the SPCA to make sure 53.5 cents was covered after a couple of low asking prices hit.

    Not sure what is going on considering poeple are more used to watching the SPCA close being pushed down a tick, how refreshing to see the opposite. Almost seems like we have some sort of cosy arrangement between the 53 cent buyers and sellers not to rock the boat.

    Now 3 narrow range days in a row - seems the rubber band is being stretched.
    Last edited by ARMCH: 24/05/17
 
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