You have no idea what your talking about,
People said the same when I bought FMG with $12bn in debt at $1.69 ? It went to $7 and before you pounce on that, I am well aware the companies differ in numerous ways such as size, $’s etc etc - but many on here are saying the same things about AJM that they said about FMG back then “it is headed for VA” and “calling the end” ?
Re: Macquarie Bank downgrade ... we know how ‘reliable’ they have been - MIN DFS quality report springs to mind for one !
Again you say we are headed much lower - today it’s 12 cents now ... that’s a 7 cent different to last nights close ? Why do you still hold ? Clearly you could reduce your losses by another 7 cps a share and/or buy back in at (according to you - 12 cents) if you wanted at a later date ?
Regarding your comments re: me being a broker in disguise and upramping ... HotCopper makes provision for people to to research historical posts of members ... if you look at my signature you will note the companies I am invested in ... although a big supporter of companies like MSB and SPL and I welcome you to peruse some of the ‘harsh’ posts about them and their management I have posted over the years ... I call it as I see it !
I am not happy we (AJM) went back to the lender for $15m but given the slow start up and J&R ‘apparent’ issues we obviously needed to ensure we weren’t trading insolvent ... at the end of the day we are now producing and expected to hit nameplate by years end / early 2019 and I am happy with that as an investor ... some aren’t ? Whether it was bad luck (J&R) or bad management - we are over that hurdle so let’s just move on ?
Enough said - it’s Melbourne Cup so time to head off .... Have a great day AJM’ers.
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Last
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Mkt cap ! $24.71M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $2.24K | 696.4K |
Buyers (Bids)
No. | Vol. | Price($) |
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89 | 68081575 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.4¢ | 36173848 | 70 |
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No. | Vol. | Price($) |
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89 | 68081575 | 0.003 |
33 | 55357992 | 0.002 |
24 | 175526628 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.004 | 36173848 | 70 |
0.005 | 7987069 | 22 |
0.006 | 6282767 | 16 |
0.007 | 17811231 | 17 |
0.008 | 19567650 | 8 |
Last trade - 16.10pm 29/03/2024 (20 minute delay) ? |
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