I'm predicting it won't happen. And confirming my view it shouldn't happen. It's a massive distraction, there's nothing magical about such a listing and it's costly.
In fact the NASDAQ route - in my view - has more to do with two things - ego and a previously trodden path.
I'd rather they just keep building the business for a while.
More to the point I think we should be looking for more breadth in our customer base, get through the certification process for our chemistry, plug away with the Military and continue with the sustained growth and continued margin improvement. Those are far better indicators and drivers of share price than a NASDAQ listing In fact without them such a listing might be risky.
Parsifal
AJX Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held
