The value that the market is assigning to AJQ has me stumped.
Our inability to break through the 10c mark beggars belief.
I appreciate that whilst sales are good, profit is what the market wants and we probably need another two or three quarterly reports to better get a handle on costs, however, current market cap is around $40m plus the convertible notes.....Look at the acerage, the infrastructure assets and production ramp up profile.......cheap...cheap.....cheap.
AJQ Price at posting:
9.6¢ Sentiment: Buy Disclosure: Held