Wyckoff trading method, page-1217

Without knowing for sure (only in hindsight will we know for sure)..........it appears to me that there is no current interest (apart from the retailers) in marking up the price of AJM at the minute.
It appears (to me) that AJM is in a 'potential' accumulation phase, and one part of the accumulation process (apart from the usual up/down movements, and more violent shakeouts) can include drawn out periods of sideways trading, as some holders may just 'give up' waiting so long for something to happen, and sell their positions in exasperation. There is no income expected for a year (so long as there are no delays), which leaves plenty of time for this phase to continue a bit longer yet.

Put another way, why take to price up higher to accumulate and pay more for it, when there is still stock available at the current price levels....that said, volumes have begun to reduce recently, and if that continues.....at some point it may encourage a rise in price of some sort....but I don't expect a 'full on' mark up in the near future (unless an unexpected development of some sort arrives).

cheers