This could have an interesting run in the last two hours which might give an indication of a further run once a couple of days have passed and news has been digested overseas. I'd like to see the SP crack through 65c or we end up with a chart that would suggest a head and shoulders top. There is a decent buyer lobbing in some bids.
This is a big announcement today IMO, and as they discuss next steps and small production runs to see if the fabs can get everything to work, news will feed out. A lot of risk yet, but if they get a few fabs to do production runs they will learn different things from each one at the same time, thus accelerating progress. However, I think we would have to be kidding ourselves if we thought it would work at the first go. This will be an iterative process, but all good progress. Any hint that they get close to getting it to work and we are going to hunted down by the big boys.
The idea of biosensors and the convergence of AI developments and human health will draw every man and his dog to look at AXE. It will be extremely valuable, IF it works.
Someone mentioned SOR earlier. - They are trying to generate energy from moisture using graphene inks, amongst other things, so not the same deal, but I could see an overlap in the techs in time. I hold SOR.
AXE Price at posting:
59.5¢ Sentiment: Buy Disclosure: Held
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