AXE archer materials limited

AFR analysis - Meme-stock fever spreads to more companies on ASX, page-184

  1. 1,440 Posts.
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    @moneyinmouth, and what does this all tell me ? Use emojis as @Gerrado suggests, seems to work for him.

    AXE will plunge back to early $1's or below as people realise that, if anything, this won't produce results for years maybe never. So, ponder this, what if this wonderful story is just that. A fairytale. No miracle chip, no business. What will the market make of that ?

    Meanwhile, company burns cash like there's no tomorrow, more capital raisings so everyone gets diluted, the day traders rage in cause there is money to be made in meme stocks, and short sellers smell opportunity. Not good metrics or eek.png for those that like emojis.

    And, really, do any of you REALLY REALLY understand the technology (besides what you can see in Wikipedia). Do you understand the massive leap in technology to get to a commercially based quantum chip. Massive.

    Researched this stock a lot last year. Did not believe the story then, still don't. But it's kind a fun to see how the meme trip works here.

    Enjoy the ride fellas, there'll be tears before bedtime.
 
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(20min delay)
Last
23.0¢
Change
0.000(0.00%)
Mkt cap ! $58.61M
Open High Low Value Volume
22.5¢ 24.0¢ 22.5¢ $89.25K 387.4K

Buyers (Bids)

No. Vol. Price($)
4 104441 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 56023 2
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
AXE (ASX) Chart
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