I'm a LT investor here. AXE will never develop it. They don't need to. They need to develop the ideas to a point where they have sufficient validity and promise that:
a) those with bigger pockets sit up and take notice, and
b) then generate revenues from IP licenses or a sale. For a spec, that could still be multiples of the share price.
a) just happened yesterday
And they don't just have the quantum tech. The graphite research, biotech sensor work, materials deposits in high tech materials.
Quantum tech is only one string to the bow, and the US military will be all over this like a rash. We will have to wait months, if not years, but I'm prepared to take a bet that in 3 years I will be a wealthier person than I am today based on my holding in AXE.
TIMBER TIME, page-18
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Last
21.5¢ |
Change
0.005(2.38%) |
Mkt cap ! $54.79M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 23.0¢ | 21.0¢ | $87.37K | 399.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2400 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 331934 | 2 |
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| AXE (ASX) Chart |