I'm not worried one bit about the share price dropping ... I would be more concerned if Archer had huge debt, huge expenses, and had to fund their work by issuing shares regularly and diluting the future price strength... there is not alot of shares in this company (IMO)
The price may have dropped a few cents this week, but the amounts being sold are miniscule.. .when this takes off it will climb rapidly because there are not alot of liquid shares available in my opinion as shown by the end of day trade amounts being traded, I would be concerned if 100's of thousands were being sold at these prices, but not the case, ... it's nothing at the end of the day, week.
alot of serious long term holders ... I wish I had a few more spare dollars to top up at these prices ...
have a good weekend all. ⚓☠️⚔️
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AXE
archer materials limited
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29.0¢

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Last
29.0¢ |
Change
0.010(3.57%) |
Mkt cap ! $73.90M |
Open | High | Low | Value | Volume |
28.0¢ | 29.0¢ | 27.5¢ | $41.57K | 147.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.0¢ | 15804 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 0.280 |
4 | 145309 | 0.275 |
5 | 195262 | 0.270 |
5 | 147320 | 0.265 |
8 | 248401 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.290 | 15804 | 1 |
0.300 | 38647 | 2 |
0.305 | 8406 | 1 |
0.310 | 48177 | 5 |
0.315 | 52767 | 2 |
Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
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AXE (ASX) Chart |