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.
AFR analysis - Meme-stock fever spreads to more companies on ASX, page-7
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Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.61M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 24.0¢ | 22.5¢ | $89.25K | 387.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 104441 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 56023 | 2 |
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| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| AXE (ASX) Chart |