AYG 0.00% 10.0¢ axxis technology group ltd

re-rating due, page-76

  1. 5,758 Posts.
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    With the large number of shares on issues (Kazacos family and associates hold roughly 1b shares, unlikely to trade but nobody knows), this needs a good turn around announcement to move pass the 1c. At the moment, each pip represents a big % change and good for many to trade. At the same time, there will be plenty waiting at 0.5 or 0.4c so the downside risk is just temporary. Last quarterly indicated a turn around in the next one.
 
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Currently unlisted public company.

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