Someone is defiantly trying to drive the price down.
All the targets have been meet by AXP yes a bit of cash burn. Large players are still holding shares e.g. GBS, Greencape who delivery on most investments they make.
Wouldn't be surprise if we see a new substantial holder by next week.
I also wouldn't be surprise if there is a low ball takeover offer made to buy out AXP BEOY in the low $1's range.
Getting slight toasted on this stock holdings currently but wouldn't mind doubling my holdings think it will turn into a great long-term company & story.
Once the Surgeons have a few successfully patients there uptake of the product would increase substantially. Doing business in the US is a tricky game especially in the medical devices game.
AXP Price at posting:
67.0¢ Sentiment: Buy 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)