Also have a look at the shipping issue we face at the moment. A lot of retailers are struggling to get boats to come to Aus, having to pay as much as 6 times what they used to. Bulky item retailers like NCK, Freedom and SUL will be struggling at the moment (I believe CEO of NCK said they couldn't get what they needed over from China, and facing far bigger cost).
Ax1 should be able to move past that issue easier, because management has increased inventory stockpiles significantly from last year firstly. And, they require less containers to move goods compared to moving 100 mattresses for example. If the shipping supply issue is a reason we're down price, id say there is good value there. Looking at the rest of the retailers though, we seem to have sold down a lot more in comaprison...
Something to think about I guess.
Ann: Change of Director's Interest Notice, page-7
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Last
$1.83 |
Change
-0.003(0.14%) |
Mkt cap ! $1.036B | |||
| Open | High | Low | Value | Volume |
| $1.84 | $1.85 | $1.83 | $963.5K | 523.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 35492 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.84 | 15170 | 42 |
View Market Depth
| Last trade - 15.48pm 08/05/2024 (20 minute delay) ? |
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Last
$1.83 |
Change
-0.003 ( 0.18 %) |
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| Open | High | Low | Volume | ||
| $1.84 | $1.85 | $1.83 | 145668 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| AX1 (ASX) Chart |