AXE archer materials limited

In late November, I made the following comment,”Personally, I...

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    In late November, I made the following comment,

    ”Personally, I was hoping the biochip progress would underpin the 12cq chip development. The AGM presentation barely mentioned the biochip.

    I feel AXE is in a near term world of hurt if the AGM Presentation is taken literally.”

    The biochip and the 12CQ chip are progressing and progressing exceptionally well by all accounts. But time may be on the buyers side. Unless there is interest from major industry participants in the near term, I feel AXE’s share price trend will continue and funds will be diverted to stocks that are trending better.

    I feel most of the sellers are small holders and much of it is being mopped up by secure hands. I could be wrong.
    Last edited by rolling: 31/03/22
 
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(20min delay)
Last
28.0¢
Change
-0.005(1.75%)
Mkt cap ! $71.35M
Open High Low Value Volume
29.0¢ 29.5¢ 28.0¢ $32.59K 114.1K

Buyers (Bids)

No. Vol. Price($)
3 17601 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 58500 2
View Market Depth
Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
AXE (ASX) Chart
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