AXM 0.00% 1.1¢ apex minerals nl

share price going down, page-12

  1. 30,924 Posts.
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    Matty, I put this on another thread, there is a big overhang from the underwriters. That is, those sub-underwriters who had to take 1.25bn shares. I believe that those five subbies will be slowly dumping the stock over the next few months, and that the stock won't move up until they are finished (unless we have one of those "to da moon" gold moves we've been expecting for a couple of decades!).
 
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