@LilyPond , come to look at the patterns from its peak to now ; it's been a downward trend, a sharp downward "Shorting"
I do this on my Nasdaq stocks regularly ... "Shorting" parabolic move up then watch it stumble 2 times then slay it down all the way.
Interestingly this is exactly what has happened in regards to the pattern. And if you notice every time it comes back up abit it gets slammed down again.
This response to the ASX again has done that ... down again
Remember the last downward pattern ... it was the Letter sent to the ASX which pushed the SP down , same thing again today
The broker I trade Australian shares doesn't let me short but saying that I believe this company is worth it. I would not short it as I believe in it.
But I am truly surprised that a home grown one and only Australian Quantum Technology firm is being smashed by the Australian ASX ...I would have thought there be much more support in the Australian news. It simply doesn't add up
I could see if it was a foreign company infiltrating Australia but home grown company being smashed ... much is going on behind the scenes
US Patents still awaiting by mid Sep , so let's see a move up to $3.00 and slightly above...
patience , patience ... and it's killin me mate but most likely rewarding
- Forums
- ASX - By Stock
- Ann: Response to ASX Query
AXE
archer materials limited
Add to My Watchlist
0.00%
!
23.0¢

@LilyPond , come to look at the patterns from its peak to now ;...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.61M |
Open | High | Low | Value | Volume |
22.5¢ | 24.0¢ | 22.5¢ | $89.25K | 387.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 104441 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 56023 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 104441 | 0.230 |
8 | 182195 | 0.225 |
11 | 234057 | 0.220 |
7 | 58193 | 0.215 |
8 | 164657 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 4141 | 1 |
0.240 | 101099 | 4 |
0.245 | 7000 | 1 |
0.250 | 76000 | 3 |
0.255 | 129000 | 3 |
Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
Featured News
AXE (ASX) Chart |
The Watchlist
PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
SPONSORED BY The Market Online