thinks its more transfers between accounts or possibly sales due to some sort of flow on effect of recent Lehmen / Merrill demise.
its quite possible that in amoungst it theres a genuine buyer or two, someone has been keeping SP down for some time no doubt they are accumulating. AXM is not a very traded share, most are locked up with mid term investors so it takes a while for someone to get hold of a decent sized parcel.
Either way mate i think your on a winner at todays prices, plenty of news on the way. Resource upgrade this month, annual report within a month and production by november.
This could be the christmas alot of us have been hoping for.. well it will be a start anyway hoping to see it back above 60c atleast by the end of the year.
fingers always crossed
Davo
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