chimera,I'd prefer AXE got back onto to the mainline and consolidated in the 30's rather than gap closing 20 and/or hanging around the 20's.
A mix of Greek Euro and dang Hudson liquidity got us into these 20's and there's a Market suspicion AXE got pumped into the 30/40's for Hudson to dump.
Yet we had all that Market Cap analysis justifying at least a 30's share price.
Also there's all those SPP holders disillusioned by a near 30% drop.
No I think AXE has to be back in the 30's and staying there ASAP.Consolidate there for a launch into blue sky 50's on the basis of our anticipated further excellent drill and metallurgy results.
Proper JORC backing compared to SYR,chimera.
If we accept the "expert" opinion that a Graphite Producer has an approx $200 mil Market Cap?then AXE should get a move on towards that from it's current what $20mil MC ?
AXE won't need any forseeable Capital Raising with the current Cash in Bank completely adequate to fast track Production maybe next year.
AXE has to be recognised as a Leading Graphite near producer and it needs Momentum in it's share price to draw that attention and a much more respectable,indicative Market Cap made by a Risen SharePrice.
Let's look for a Xmas in July Fifty Cents!!
Let's get the Charters announcing a double bottom pattern!!
instead of droning on about a gap obsession.
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Last
30.5¢ |
Change
0.020(7.02%) |
Mkt cap ! $77.72M |
Open | High | Low | Value | Volume |
30.0¢ | 31.0¢ | 29.5¢ | $37.53K | 122.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 23500 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.5¢ | 1535 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.300 |
3 | 67500 | 0.295 |
2 | 8000 | 0.290 |
1 | 2000 | 0.285 |
9 | 66347 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 1535 | 1 |
0.310 | 14176 | 1 |
0.315 | 30000 | 2 |
0.320 | 77000 | 3 |
0.325 | 83698 | 5 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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AXE (ASX) Chart |