AXM
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0.00% 1.1¢ apex minerals nl

please explain, page-4

  1. Mackstart
    522 Posts.
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    11/06/09
    11:03
    Post #: 5265495
    Please note that all of the significant selling so far has been kept higher than 20.00c.

    I think it is logical to assume that this has been driven by the arbitrage created between the rights issue @ 20.00c and any price higher than this.

    Unless we see the price drop below this line I would not take it as anything else.
    AXM Price at posting: 16.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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