The problem with AXE is that they aren’t capital intensive and therefore don’t seek nor attract the sexy funding. Well that’s what I like to believe.
There are hundreds of millions of dollars being thrown at quantum computing startups. And QC more broadly.
We believe AXE isn’t far away. But the market doesn’t believe so it seems. A $170m market cap is nothing to those pursuing investments in QC.
Is anything wrong at AXE? I don’t think so. But we need to see some serious market value added through the course of 2021 for AXE to be weighted highly in any portfolio.
IMV.
Ann: Archer to collaborate with Australian Defence Prime NIOA, page-60
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Last
21.5¢ |
Change
-0.015(6.52%) |
Mkt cap ! $54.79M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 21.5¢ | $197.4K | 891.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6009 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 15210 | 2 |
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| Last trade - 16.10pm 30/06/2025 (20 minute delay) ? |
| AXE (ASX) Chart |