AXE 1.37% 36.0¢ archer materials limited

AFR analysis - Meme-stock fever spreads to more companies on ASX, page-7

  1. 1,176 Posts.
    lightbulb Created with Sketch. 669
    the problem is these people relate all tech to software driven or payment system tech, Xero, Afterpay etc. and say at last those companies had a system/product to sell - these others are just a mystery

    Companies like AXE, WBT, BRN and AKP all around $500m - $1b, these researchers simply write, these are all fly by night arrangements. Are they risky yes, if they get one global contract - Boom.

    They cannot connect the dots, some people are and it will come down to if they can launch a product but given the addressable market if they prove their position they look cheap. if they cant deliver, they are very expensive.

    anyway, interesting times.

 
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