Good post muppet, but as I've been telling people for a long...

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melastcracker

2,080 Posts.

09/08/17

13:04

Post #: 26388084
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Originally posted by muppet655 ↑

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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Good post muppet, but as I've been telling people for a long time, our SP isn't that far below value. Too many shareholders simply expected it to be higher when we simply couldn't justify it.

As you've expressed, the business has never looked better and any upward SP movement should now coincide with business performance, and that alone is a great thing as the business is doing very well!

Cheers.

AJX Price at posting: 47.5¢ Sentiment: Buy Disclosure: Held
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Last 1.0¢		Change -0.001(9.09%)		Mkt cap ! $15.62M

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Good post muppet, but as I've been telling people for a long...

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

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Good post muppet, but as I've been telling people for a long...

Top Stories

From the Floor question: "Could gold be manufactured in a lab like diamonds?"

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

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