i don't care about pom poms i'm a realist also and i don't believe that realistically you can ask for costs for 6 months, you can realistically ask for costs for the past 2 months, they will still be hideous imo and they are true in that we have been producing 10k ounces however anything from 6-4 months ago is unfair and wouldn't tell anyone anything.
also realistically from november to the end of january, it resumed a prvious downtrend from he end of january which coincides with market ann regarding capital raising and the plant problems.
Also to note AXM has had a 12 months low of 18c, it has been sub 20 for a minute period of time and a minute volume of trades, if we see any volume of trades go through over the next two weeks sub 20 it will be miniscule imo, i say this as the volume and support suggests 20c is as good as you'll get.
so sure theres better trading stocks out there right now making better returns but you may miss the AXM 20c boat also
good luck
Davo
- Forums
- ASX - By Stock
- AXM
- Ann: Wiluna May Production Update
Ann: Wiluna May Production Update , page-18
-
- There are more pages in this discussion • 95 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 AXM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online