AXE 18.4% 22.5¢ archer materials limited

AFR analysis - Meme-stock fever spreads to more companies on ASX, page-215

  1. 1,513 Posts.
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    I have no truck with other peoples opinions. Form my own. If you been around stick to the reasons for entry in the first place. (Hopefully most investors build their cases for investment).

    If you don’t like opinions expressed by DDBB, as an example, or totally disagree with it why waste energy making instructive responses - proves little. On balance, people offering alternate well articulated views generally leave some sort of food for thought, unless they are complete dicks.

    Stocks like AXE carry more risk - don’t need to be lectured by others like I have a low investment IQ

    Bottom line is If you have exposures to low risk sector leading stocks that payout dividends I think having a few riskier plays in companies with good management in early day development phase makes life interesting. People invest in Gold explorers, Lithium plays, or Fintechs where revenue is non existent or in cash flow negative stage.

    Ok the valuation got ahead of itself going north of $3 rapidly, before the market corrected, but these guys are now getting patents lined up for a reason. I make no assumptions about ultimate degree of success as the quantum computing space has players with deep pockets. If AXE plays a part - great. Nevertheless, investors who got in early would sit back chuckling at some idle negative banter & hardly widespread at that. Who cares about a non-believer or two. I still get a few takeaways.

    Buy on dips takes patience just like holding takes patience. The rest is noise. GLTAH
    Last edited by colgm: 18/08/21
 
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