Wanna know why AJX has potential, page-250

First 250 Last

Share
Profile

Follow
SebTaylor

1,076 Posts.

836

09/11/17

08:26

Post #: 28628421
Share

Originally posted by pintohoo ↑

"I’m curious on why you’d exit entirely based on the current board and where it is that you think they can stuff things up so dramatically for Alexium that would cause you to exit your entire holdings."

hi zeb

if I were to explain all - it would take pages.

Lets just go over a couple of things ---

look at what has happened in the last - say 13 ish months - go back to just prior to the last agm

all bar one of those board members are still here.

They oversaw the business.

Just that one single glimpse should be enough for every single member to fall on their sword.

The chairman has been here for years. He stated that his role was direction, strategy and when exec. - overseeing day to day matters.

Have a look at the video that someone posted days back where Gavin spoke late last year --

compare that with where we are now.

Who is responsible? Who carries the can?

The new management team has had to or is just completing a massive wind back of bad business - pruning to profitable business ---------

that bad business was done over the last few years -----

OVERSEEN on a 'day to day' basis by whom? - same Chairman, same board (bar one).

Do we need reminding that it was this board who presided over the business when we were 'raising' money from stakeholders and shareholders - whilst paying 2 million bucks out of LOW margin revenue of 3 million bucks to 2 only executives - both of which were fully responsible for the 'day to day' matters and the strategy?

It's the same board.

Not only that - but, most of them are American ------------ if you want to know how much they know about running an ASX company ---------- ring them and ask a couple of questions.

exactly the same board is in place - that has presided over a share price drop of amazing proportions during this year

You know the saying -

"The definition of insanity is doing the same thing over and over and expecting different results."

that's just a start

have a great day

Expand

Thanks Pinto - appreciate your reply

AJX Price at posting: 37.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

BIO

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

BOE

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

PAM

PAM secures high-grade Chilean copper play in strong territory

IVZ

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

AZL

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

There are more pages in this discussion • 97 more messages in this thread...

First 250 Last

Add AJX (ASX) to my watchlist

(20min delay)
Last 1.1¢		Change 0.001(5.00%)		Mkt cap ! $16.40M

Open	High	Low	Value	Volume
1.0¢	1.1¢	1.0¢	$949	92.52K

Buyers (Bids)

No.	Vol.	Price($)
4	3818784	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	153350	3

View Market Depth

No.	Vol.	Price($)
4	3818784	0.010
4	616765	0.009
2	182600	0.008
1	200000	0.007
2	378000	0.006

Price($)	Vol.	No.
0.011	153350	3
0.012	45455	1
0.013	758914	2
0.014	564269	2
0.015	1200	1

Last trade - 14.38pm 29/07/2024 (20 minute delay)

AJX (ASX) Chart

Wanna know why AJX has potential, page-250

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

PAM secures high-grade Chilean copper play in strong territory

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Wanna know why AJX has potential, page-250

Top Stories

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

PAM secures high-grade Chilean copper play in strong territory

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News