Because my foremost question when this announcement dropped was , how does this impact the TMR sensor plan? When the qubit material keeps being developed, things have to be re thought, re designed, pitched to different sets of customers. As it is we still do not know which industry the TMRs are aimed at. Is that still a plan?
Brilliant technical work by the CTO. How does the market know what to make of it. I was describing AXE to an experienced corporate marketing person. She was asking me if there was a comparable company we can look at to value this quantum project. Do you know of one? Does management care to point us in some direction? I suspect the AXE quantum story is a bit unique, which adds to the conundrum of how to think about its future prospects, for any investors out there. Frankly I do not have a clue how to begin thinking of a value. It used to be 12CQ in many years, then it was TMRs this year, now it's in flux again to me. And silence on the biochip. All I will say is, the SP has been up to about $3 and is now a tenth of it, so it needs to be higher. I didn't worry about SP until this year. Management flagged it as important and that announcements will get it going.
All I'm saying is, if the market has to make sense of what is going on then we need someone to tell us. I can admire the technical work. Doesn't mean much until a CEO tells us what AXE thinks of its future in the next few years and what industries they're engaging with.
AXE Price at posting:
37.0¢ Sentiment: None Disclosure: Held
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