Yes is the answer, due to the seed not being able to sell. The IPO was completed at 20c as I'm sure you're aware.
Who do you think is selling? As from my research the only investors able to sell here are from the 20c IPO raising.....
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- Ann: Investor Presentation
AXL
axel ree limited
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2.33%
!
8.4¢

Ann: Investor Presentation, page-23
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Last
8.4¢ |
Change
-0.002(2.33%) |
Mkt cap ! $8.468M |
Open | High | Low | Value | Volume |
8.7¢ | 8.8¢ | 8.4¢ | $28.59K | 336.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 34000 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 34000 | 0.086 |
1 | 32075 | 0.084 |
1 | 3000 | 0.083 |
1 | 40000 | 0.082 |
2 | 90000 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 30000 | 1 |
0.090 | 25000 | 1 |
0.091 | 48000 | 1 |
0.093 | 222222 | 1 |
0.095 | 75000 | 1 |
Last trade - 15.52pm 08/08/2025 (20 minute delay) ? |
AXL (ASX) Chart |