Don't think it's been the SPP holding us back before today. We did the calcs before that if everyone subscribed for the max it would equate to about only $2,500 worth for each holder, so nobody would've been selling in anticipation of getting $15 K's worth guaranteed in the SPP. Agree with others that it's probably just been the so-called sophisticated investors from the placement ( plus a few DTs) washing through for a small profit that's held us back.
Anyway you look at it, compared to SYR's SP, AXE is way undervalued and primed for a nice run if/when it can clear 35c resistance.
is some party holding back the sp ?, page-7
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Last
22.8¢ |
Change
0.003(1.11%) |
Mkt cap ! $57.34M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.5¢ | $51.20K | 227.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 115016 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 188012 | 11 |
View Market Depth
| Last trade - 11.24am 18/09/2024 (20 minute delay) ? |
| AXE (ASX) Chart |