AJX 0.00% 1.2¢ alexium international group limited

TA discussion, page-73

  1. 7,709 Posts.
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    AJX have really timed things perfectly in regards to product roll out and there commercial strategy, currently as it stands the AUD has broken down even further, I can easily see the AUD re test the 2008 lows of 60c and then some. The AUD will prob stay down for longer period of time than what it did in 2008 as the rate of fall currently is much slower and steadier rather than a 2008 style quick accelerating drop which often leads to v rallies....

    I dont see a V rally for the AUD this time round at all....

    So this will be a major positive for AJX especially as we go into 2016 which will be the year that the weak AUD will have a profoundly noticeable effect on AJX's earnings...
 
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