The last few 4c's have been good and have painted the picture of a small cap that's transitioning from R&D to commercialisation. With such companies experienced investors will take a long term view and will be looking to the 4c's. If you don't appreciate this about AJX then IMO it's not a stock that suits your apparent investment rationale. Ask yourself this, "Is the company better positioned now for success compared to the time when you brought in at a SP north of $0.70"?
You paid more than $0.70 for a company that was an RD company with a product with little ( or no) market penetration, practically no revenue, and no margin to speak of. You can by the same company now with an established product, growing revenue, good margin at $0.44. I know what I'd sooner be buying.
DYOR
Lumpy
The last few 4c's have been good and have painted the picture of...
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