Quote Originally Posted by BFG View Post
As it should! A $1.5M contract with an mCap of $170M? You have to be joking me. This thing is priced to perfection and beyond.

I've noted that these Hot Copper pumps/bubbles usually last 3-4 months. AJX is currently in its 3rd month. I'd expect a top out around the 80-85 cent area before momo boys get tired and start selling out. The newsflow is complete now, so not much left to go on with everyhting out in the open.

You've missed the vats majority of the meat on this one. I'd let it be and research other stocks until it settles back in the realm of reality
I don't like the HC hype either but with all the things in the pipeline the $1.5m contrast is only just the beginning. The technology is there, the management is there, the contacts are there. It all just has to come together and contracts have to come to fruition. So there is definetely an element of risk. I understand AJX's model way better than most biotechs. Why for example PEB.NZX is trading so high I will not understand.