I can agree on one thing though - almost by design, the lower the price goes the less risky the position is. AJX is certainly less risky at 17c than it was closer to a dollar.
I am just not sure I want to take on even the improved risk/reward proposition at this price, because I don’t have any concrete reason to (beyond management speak and presentation slides).
Unbiased financial chart thread!, page-317
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 (20min delay)
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $15.62M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $2.375K | 220.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 4936365 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 247382 | 1 |
View Market Depth
| Last trade - 15.30pm 18/07/2024 (20 minute delay) ? |
| AJX (ASX) Chart |