Great post mate, I couldn't agree more with you, and I've said...

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melastcracker

2,080 Posts.

22/07/16

13:03

Post #: 18337245
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Originally posted by Blommer ↑

This is an important point, but depending on your investment strategy.

First, that all holders believe AJX has massive potential is a given - the company is currently loss making yet has a MC over $200 mil. You simply wouldn't hold if you didn't believe in the potential.

However, some here we could describe as 'active' and some as 'passive'. The passive investors will keep an eye on their investment but otherwise won't sell or 'do the trade' unless something big and obvious is occuring. Using your comments here I would classify yourself as in the passive group, melastcracker - at least for this stock anyway.

The 'active' investors, accepting of the CGT implications and other risks involved, will take opportunities to sell high and re-enter lower so as to increase their holdings without outlaying more cash whenever feasible. Similarly if they don't believe the SP will move much in coming months they may well move their cash somewhere else temporarily.

Active investors will not be so much concerned that AJX may miss a target (as I said, we all believe in the LT potential) as much as see an opportunity. Because lets face it, if any company misses a target the SP will take a hit. If you exit before this occurs and re-enter at a lower price you have more stock and can profit more from the LT potential! Great! No better way to show your belief in a company than holding more shares - and to do that sometimes it is actually better to sell, counterintuitive as that may sound.

But lets not talk about the merits of investment strategies, lets focus on the Company! As an active investor myself I come to HC for the occasional glint of wisdom hidden in the posts regarding a companies future and its SP movements. Frustratingly for me, only becasuse I am active, AJX thread content is full of discussion that is more about personal investment strategies (ie statements on preference for passive vs active investment), rather than the multitude of factors that are facing the company that will get down to the guts of what is going to happen ST MT and LT. I do understand that passive investors won't care as much about this.

Since there are so many here that follow the AJX announcements closely, what is everyone's opinion on AJX meeting its previous targets for the coming reporting period? Does anyone think they will outperform? The market seems to be saying underperform at the moment. Who agrees with the market? I'm particularly interested in discussion that is backed by figures that have been released to us over the last six months via announcements.

For my part I will share my analysis that I plan to perform over the weekend.

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Great post mate, I couldn't agree more with you, and I've said many times it would be great for HC to have a ST,MT or LT sentiment to go with posts, this would allow you to disagree with a post based on your own investment strategy, yet agree with their decision based on their own strategy.

Every persons strategy is different, set your own goals and stick to them.

Cheers.

AJX Price at posting: 66.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $12.49M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.8¢	$92	11.5K

Buyers (Bids)

No.	Vol.	Price($)
2	484425	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	706022	4

View Market Depth

No.	Vol.	Price($)
2	484425	0.008
4	3349012	0.007
5	1009881	0.006
1	300000	0.005
1	500000	0.004

Price($)	Vol.	No.
0.010	706022	4
0.011	1400000	3
0.012	166666	1
0.013	240000	1
0.014	134311	1

Last trade - 12.05pm 12/09/2024 (20 minute delay)

AJX (ASX) Chart

Great post mate, I couldn't agree more with you, and I've said...

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Great post mate, I couldn't agree more with you, and I've said...

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