It may lead to nothing but that doesnt mean its a nothing announcement. We're a research company. We always knew that we were betting on a high-risk venture and that our belief in the technology might be misplaced. That's why the more irons in the fire the better. The company is more commercially focused than I have known it before and the fact that its trying to develop a few income streams while continuing with its core project suites me right down to the ground. For me its the best of 2 worlds. I get to invest in a high risk venture which has the possibility of eventually netting me high rewards while at the same time protecting my investment with the possibility of more modest gains if the high-risk venture doesn't succeed.
AXE Price at posting:
28.0¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)