AXE 7.02% 30.5¢ archer materials limited

What is happening, page-883

  1. 216 Posts.
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    At the start of 2020 shareholders would typically buy/sell about $50k of AXE shares in a day and the SP was about $0.15.
    Move forward to start of 2021 and buying was at about $100,000 per day and the SP was around $0.50.
    Move forward to now and the buying is about $5,000,000 to $10,000,000 per day and the SP is now over $2.30. Wow! So a couple of things to think about. All that buying also equalled a lot of selling by shareholders. So basically short term holders sold out and lost 200% gains. I think that is sad! I cant see why I would ever sell AXE. I love being a long term holder and am excited by what AXE is doing!! I actually topped up a week ago as the sky is the limit with AXE I believe.
 
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