Yes that was a very successful CR and no doubt all who picked up those shares at 30c must be extremely pleased with their investment, performance of the company and sp. I have no doubt whatsoever that they will all be very excited and looking forward to the next CR.
If we had another tenement that BHP wanted to pay 8mil for then we stand a chance. If GA can finally sell some graphite or a magnesite portfolio then also we stand a chance. barring something substantial like that, it will take some sort of magic to convince anyone to throw any money at axe.
imo, judging by the consistent selling at any opportunity above 11c, it is safe to assume the sp is spot on. the mc is too, and that share holders have lost confidence in axe and maybe GA's ability to deliver the goods.
I would be extremely pleased at the point to just get my money back and consider investment in axe a waste of some years and opportunity cost and just an allround bad experience.
1.5yr Trading Cycle Repeats, page-29
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Last
43.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $109.5M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.5¢ | 43.0¢ | $29.04K | 66.50K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 46665 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 6421 | 2 |
View Market Depth
| Last trade - 15.46pm 15/05/2024 (20 minute delay) ? |
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Last
44.0¢ |
Change
0.000 ( 1.62 %) |
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| Open | High | Low | Volume | ||
| 44.5¢ | 44.5¢ | 43.5¢ | 42374 | ||
| Last updated 15.42pm 15/05/2024 ? | |||||
| AXE (ASX) Chart |