"What is the big big big difference with this 4C?
America."
Ok so last quarterly the big "difference" was America.........this quarterly its no 3ys........
Insightful stuff...........
The amusing thing is through all these clutching at straw scenarios and constant conspiracy manipulation drivel......the balance sheet is bad, real real real bad. Despite the constant "no need" for capital calls around here, at last count(31st Dec) AJX had just $6.5m in net assets. If we take into account that AJX lost over $5m in cash reserves last quarter, AJX is getting close to $0 in equity. $0 book value. $0 net tangible assets backing per share. Understand?
The last 3-4 capital raising weren't required according to you guys and yet here we are with a deficit of around $1m(loan $7m, cash $6m). Who remembers all the "just greasing the rails" drivel?
AJX need working capital and it will be pursued one way or another!
Its just a matter of time..........
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"What is the big big big difference with this 4C? America." Ok...
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