Because it provides a technical update of the progress they are making. Whether the progress is that they've hit a brick wall and the technology just does not work at all, made very little progress sitting around doing nothing, have been slowly chipping away knocking back one issue after the other and making progress overall, or have finally completed and fully tested the working prototype that will change the world. Whatever the update is, affects what a reasonable person might perceive the share price to be worth - whether that be lower, the same, or higher. Almost every market announcement will likely be price sensitive for this reason, other than appointment of a new company secretary, or reporting minor changes to holdings.
- Forums
- ASX - By Stock
- AXE
- Ann: Quantum technology project update
Ann: Quantum technology project update, page-18
-
- There are more pages in this discussion • 47 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 AXE (ASX) to my watchlist
|
|||||
Last
24.5¢ |
Change
0.010(4.26%) |
Mkt cap ! $62.43M |
Open | High | Low | Value | Volume |
23.5¢ | 24.5¢ | 23.5¢ | $35.01K | 145.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 17703 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.5¢ | 61751 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 12496 | 0.240 |
5 | 37759 | 0.235 |
4 | 49636 | 0.230 |
9 | 68030 | 0.225 |
8 | 122246 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.245 | 59751 | 2 |
0.250 | 78985 | 6 |
0.255 | 2419 | 1 |
0.260 | 2000 | 1 |
0.265 | 40000 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
AXE (ASX) Chart |