having spoken to the company and as per the above they are not aware of reasons why. I was told that AXE thought that Sydney and Melbourne presentations went well and they were happy with the attendance of appox 40 people to each show. It was also indicated the the Patent is progressing and they have till Sat 15th to lodge (I got the impression it will be lodged).
My take on the sell off has been profit taking and as someone else mentioned It could be one of those news letters..??? Support looks to be between 18 - 20 cents - lets hope it builds from here on news on the lodgement on either Friday or Monday.
AXE Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
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