AJX 9.09% 1.0¢ alexium international group limited

That's the reason the SP is where it is IMO. Look at it this...

  1. 2,080 Posts.

    That's the reason the SP is where it is IMO.
    Look at it this way, when we hit $1.17 probably 90 plus % of the SP valuation was built on potential.
    If we were at $1.17 now only probably 60 odd % of the SP would be made up of potential as the company now has great proven fundamentals and are CFN. So the question is what's the SP worth if you take away most of the potential? The answer is the decline in the SP from its high has been solely based on the potential part of the SP for the reasons you specified, they've missed target after target and didn't give reasons for many of these missed contracts or targets hence the reason for the SP decreasing when the fundamentals are improving.
    Bring the trust back into the company by being accurate on timelines and contracts and believable potential will be built back into the SP.
    the SP drop is not from the business not kicking goals, it's all about the belief in potential, and that's lacking due to miscalculations.

    Cheers.
 
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