If I was offered 85 cents a share and the market remained where it is of course I would (and then I'd buy back in to a bigger holding), but if the market moved from here to there... clearly your actual issue is with the share price not the business.
I have learnt never to recommend shares to friends/family I don't want to live with the responsibility of other people's money, however I see a business that keeps improving and getting cheaper so for me it becomes more compelling as the SP drops not less.
I think you're applying a 'news' based model for pushing the SP of a speculative company on when to buy/sell, when really AJX is transitioning to a company with financials to dictate the path of travel - a much happier place than basing strategy on fluff and communication content. Clearly a big announced military or licence deal will help but if AJX never made another announcement and kept increasing sales/margins/profit it'd be more than enough to justify ongoing or increased investment from me.
Are many of us really so conditioned to hype around 'what if' newsflow and the unsustainable SP volatility that comes from it that when a company is walking the walk we ignore it? I suspect the many who jump from HC darling to HC darling have only ever ridden the waves of expectation (probably suffered during the inevitable come down) and not really profited from a truly growing and real business?
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $20.46M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $1.833K | 141.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 169999 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 12803 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 169999 | 0.012 |
2 | 3788441 | 0.011 |
1 | 58333 | 0.010 |
2 | 222222 | 0.009 |
1 | 75000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 12803 | 1 |
0.014 | 417049 | 4 |
0.015 | 806200 | 3 |
0.017 | 321118 | 2 |
0.018 | 115942 | 2 |
Last trade - 14.55pm 28/10/2024 (20 minute delay) ? |
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