AJA 0.00% $7.23 astro japan property group

Zzup28,XPJ is around 875 points today and AJA is still stuck in...

  1. 500 Posts.
    Zzup28,
    XPJ is around 875 points today and AJA is still stuck in the same narrow price range (between 35c-36.5c). What surpirses me is that we have four instos that becaome sub holders/or increased their holdings during the last few weeks without any increase in the SP. How they managed to do that, i have no idea!

    I remember the last two distributions, the SP has gone up to 44c-45c. However, Since announcing the half year results last Feb, AJA is not the same as before IMO.

    I agree with coppertop's estimation, we might move up to 40c. I hope the management will announce the amount of distribution payable ASAP as this will give the SP a boost IMO. Once the management confirms the distribution, there will be more buying and hopefully herd instinct will do its magic and the share price will start moving.
 
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