Mate, i hold bugger all AXM now, i sold out most of them a while back, i have held Apex for many years and had great respect for Ashley, I can no longer trust him after the chain of events in the last year, they have been very deceptive.
People are throwing a party because it almost crawled up to 4c, well i don't want to rain on anyone's parade but if they had not noticed, this stocks value has been eroded by thousands of percent in the last 12 months, this is OK for very recent investors but that does not mean they will not continue to slide again.
They had little cash left and were still having trouble keeping the plant fed the last time i looked, they are hanging by a thread, sure they could and may well end up being OK but i have lost faith in them at least in the short term.
AXM Price at posting:
3.8¢ Sentiment: None Disclosure: Held
