AXE 3.09% 47.0¢ archer materials limited

I wonder if this might start to turn the general flow of SP...

  1. 718 Posts.
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    I wonder if this might start to turn the general flow of SP around. There have been two similarly large spikes which lasted a week or two since the decline from above $2 began. The green 'buy volume' lines recently have been a bit bigger than the last two. So, I hope this is an indication that we are at the sweet spot now, of where more long term holders are recognising the reduced risk of further developments and commercial/design/manufacturing partnerships along with the lower SP as a more optimum investment entry point.

    I guess we'll see in 2 weeks if it sticks or if the announcement hits the teflon surface of the day trading / news trading community.
 
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Last
47.0¢
Change
-0.015(3.09%)
Mkt cap ! $119.7M
Open High Low Value Volume
48.5¢ 49.5¢ 46.0¢ $84.06K 176.6K

Buyers (Bids)

No. Vol. Price($)
1 4929 47.0¢
 

Sellers (Offers)

Price($) Vol. No.
48.5¢ 400000 1
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Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
47.5¢
  Change
-0.015 ( 2.06 %)
Open High Low Volume
48.5¢ 48.5¢ 46.0¢ 45523
Last updated 15.40pm 06/05/2024 ?
AXE (ASX) Chart
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