For however long this lot is not very bright.
I haven't seen such incompetence for a while.
They started buying in the 70's and lower and sold the lot for 43 and 47 cents.
Then they had another go from 40-46 cents and sold the lot for 36
Finaly to top it of buy from 25-44 and sold for 26.
They must have done a packet on that little lot.
Lastly they bought about 10 mil for 31 cents.
With the 1st gold pour days away and even using the lowest most conservative production figures of 100,000 oz per year thats 100 Mil plus income, margin $A600 = 60 Mil profit pre tax.... need I go on.
Hopefully they will show more nouse and not sell below 31
- Forums
- ASX - By Stock
- AXM
- initial substantial shareholder notice
initial substantial shareholder notice, page-3
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AXM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online