Is it a plane, is it a bird......no its a descending "Supermanish" triangle......
Ok now we have that settled.....lets have a look at this so called growth.
Now lets have a little look back to the end of last year. The December quarter AJX claimed REVENUE of $7.4m but had only received $5.3m in cash receipts but had $2.3m in outstanding receivables.
Fast forward 6 months and AJX has received $13.3m in cash receipts and also $1.5m in receivables.
So the year to date they have made $14.8m
However $2.1m of that figure is for last Decembers quarter.
Therefore AJX has made $12.7m in revenue for the last 6 months.
That averages to $6.35m in revenue for each quarter which is actually a reduction to last years December quarterly......$7.4m vs $6.35....
Hence the reason I was questioning why there was no guidance.....I think we have found the answer....
Because its actually retracted, just like it's cash reserves, share price, descending triangles, directors and ultimately sentiment.
TA discussion, page-5409
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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Price($) | Vol. | No. |
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3 | 4111222 | 0.008 |
3 | 349012 | 0.007 |
3 | 544500 | 0.006 |
1 | 300000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 133 | 1 |
0.011 | 768054 | 5 |
0.013 | 240000 | 1 |
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