I'm not sure it will keep pushing up. A lot of online sales were probably from non VIC and Auckland stores, and so increased the LFL in the areas excluding them. Opening 80 stores is great, but not risk free ATM, there are always costs to open and recruit etc, and we are facing a brave new retail world. That is a lot of stores. So with the fiscal cliff coming I strongly suspect AX1 is due for a rest or retracement, and the market will want to see if the expected retail recovery occurs as expected.
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Last
$1.50 |
Change
0.005(0.34%) |
Mkt cap ! $900.2M | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.50 | $1.48 | $1.174M | 785.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 82205 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 97207 | 33 |
View Market Depth
| Last trade - 14.25pm 01/08/2025 (20 minute delay) ? |
| AX1 (ASX) Chart |