Thanks again you are making an exceptional contribution to this thread. The business is in good shape. Management is on top of it's game in terms of trends and consumer insights.
However, how much of a lift has the consumer got since April? Has the consumer been able to spend beyond their means because of jobkeeper, jobseeker and early release of super? What happens over the next six months as the early super release lump sums depletes in the consumer's hands and then jobkeeper is stopped and jobseeker returns to pre covid rates?
Judging by the other retailers share price the market is not overly concerned with those questions. Baby bunting, Adairs, Premier Investments, SUL asx, and the electronics retailers HVN asx and JB Hi fi are still climbing. I can't see why AX1 won't do the same.
AX1 Price at posting:
$1.53 Sentiment: Buy Disclosure: Held
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