AXE archer materials limited

Ann: Notification of cessation of securities - AXE, page-5

  1. 1,768 Posts.
    lightbulb Created with Sketch. 334
    I wonder if those 1.5m options could be in the money by the time they expire the this month...?

    https://hotcopper.com.au/data/attachments/6036/6036790-7885f75860a6a6e5b8c736396aa91e7a.jpg
    Then we move on to the big ones $1.79 by the end of May 2025...
    IMO the share price would have to be moving north of $2.00 to make it worth the risk of exercising them..
    It would also bring in $37M.... which would be perfect timing for topping up the coffers...

    So that would mean the SP would have to rise x4.5..... in 14 months.

    Who thinks that will happen....???

    I personally think by this time, we should be on the cusp of major advances in both verticals and with market conditions permitting would easily justify such a rise.
 
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(20min delay)
Last
27.0¢
Change
-0.010(3.57%)
Mkt cap ! $70.08M
Open High Low Value Volume
28.0¢ 28.0¢ 27.0¢ $8.792K 32.43K

Buyers (Bids)

No. Vol. Price($)
5 490675 26.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 68223 4
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Last trade - 15.29pm 16/06/2025 (20 minute delay) ?
AXE (ASX) Chart
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