I do know that hugh herbert has been presenting in south australia and western australia this week, so there may be some buying from those presentations.
Chart wise the stock is coming to a squeeze point in the next week, so there may be a chance to break a downward trend, which would get the day traders involved from a technical point of view.
fundamentals unchanged, they hit the ore body they are chasing in 2008, and it doesnt matter about today.
but for those looking to make a quick buck i think there is potential for some upside of 10-15% if they can break this downward trend line....
AXT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held