Some of those peeps who stumped up for the 60c SPP must know a lot more than me.
Couldn't believe my luck when the ann came out yesterday and the SP was 56.5c. Put in a bid thinking it wouldn't be matched, but it was........discounted shares are always welcomed!
I get that everyone wants to support their company but we're not charities and I found it extraordinary that the SPP was oversubscribed to such an extent.
My take is that we're in for a run of very good announcements.
I'm holding a long term parcel and will continue to trade as opportunities present.
Still at the discounted price this morning of 59c pre market and I'm sure these prices will not last.
AXE Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held
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