From the content in posts recently it seems quite a few of us expected the sp to remain at least at the level of the recently completed capital raising. The company has already advised the cash costs for production would be released early July. Until this happens trading in this stock will continue driven mostly by speculation. It would make sense to wait and see if the next release of information to the ASX gives us some comfort. Remember you only lose money if you sell at a loss. You can only make a profit if you buy lower than your sale price. I will continue to buy at these low levels and hope for positive information from the company.
AXM Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held