AXE 3.49% 41.5¢ archer materials limited

1.5yr Trading Cycle Repeats, page-2

  1. 6,951 Posts.
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    As plough noted in the thread re: the latest quarterly very good test results for the Campoona graphite had been previously reported in the quarterly released in January 2014. There was good media coverage of these results around mid August of 2013.

    Interestingly, the share price dropped to it's lowest in 1.5 years on the 19th of July 2013.

    Have any long term holders noticed similar occurrences in terms of significant dips in the share price promptly followed by very positive media coverage? Has this pattern been repeated every 1.5 years for the last 6 years?

    The current quarterly states that tests to improve on these results are currently being conducted. Positive news to come before the next quarterly?
 
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