Interesting quote from the Cannaccord's analyst.
“People’s views [towards AirXpanders’ shares] are being dictated by the share price rather than their view of the prospects for the company,” argues Cannaccord’s Smith. “It is quite fixable.
“I think it is more a hiccup than a crisis. But the cash issue needs to be resolved.”
Here is how I see things playing out in the next 3 months:
1. New CEO
2. CR at 9c for $12 million to the long suffering insto's.
3. Signs of sales life in the next quarter.
3. SP recovers to 30c.
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Last
0.1¢ |
Change
-0.001(33.3%) |
Mkt cap ! $6.684M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $660 | 660K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 18675552 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 44267397 | 34 |
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| Last trade - 12.46pm 25/06/2025 (20 minute delay) ? |
| AXP (ASX) Chart |