AXE is on her way to the $1 billion dollar club, so still about 3 x the current share price to reach that point. Don’t be afraid to add stock on the way up when you’re onto a winner, it generally tends to pan out better than putting more money into a loser.
I’ve been seeing the hallmarks of institutional buying since around June, It’s the most likely explanation for this solid run up from around 70c although I might be wrong.
Ann: Quarterly Activities Report, page-19
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Last
36.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $91.74M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 37.0¢ | 35.5¢ | $31.70K | 87.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 31517 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 9113 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| AXE (ASX) Chart |