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Tarly123

656 Posts.

163

12/03/24

00:06

Post #: 72847706
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Originally posted by Lucretious: ↑

STTCOMP AXE TA LONG
Archer Materials
SOI 255m
Mkt Cap A$122

Confirmation today that this has bottomed IMO. Tough to pick FA or TA on this one as its FA driving the SP being highlighted in the TA.

The development of the biochip to a scale 30 times smaller than the existing chips they had is very, very big news. AXE is ideally placed in this AI sector where healthcare and AI are going to cogenerate huge developments and transformations in healthcare for the next 2 decades at least. A minnow on the ASX, but some bigger names have to be taking notice. I think this could have a run to 70's at least, subject to the macro picture, though actually, when it comes to this sector, if they can show the world they have a genuine product that's going to shake things up, then I don't know that macro will matter. And as a side note, they are not partnering with Taiwanese fabs which partly removes a black swan risk.

and the above discussion totally ignores their quantum developments which are world leading.

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