JXT – Jaxsta Ltd | Aussie Stock Forums

Jaxsta is a tech start-up. It is developing a meta-data database of credits for recorded music. like IMDb is for the movie industry. As it will cross-reference all data for individual musicians, writers, technicians, etc it is also designed to act like a LinkedIn for the music industry.

JXT commenced trading on the ASX on 28 December 2018. So far 39,000 shares have been traded between $0.19 and $0.20. There are currently no buy or sell bids in the ASX. It’s market cap is $24m according to CommSec.

The JXT website says that it will be launching its platform in 2018 but I can’t find any public access to it from their website.

JXT is my pick for the January 2019 stock picking tip. If you look at the weekly chart you will see why it came up in a scan I just ran. Of course the chart is meaningless as this company appears to have listed via a reverse take-over of a non-trading ASX listed company. I’ve based my selection of this stock on the basis that Herbie Hancock is in the video about metadata that is linked to on their home page. It’s January after all!