AXE 4.82% 43.5¢ archer materials limited

I think I just don't fully understand what's going on. I thought...

  1. 3,796 Posts.
    lightbulb Created with Sketch. 369
    I think I just don't fully understand what's going on. I thought we are getting x number of shares for every AXE shares and these new shares will be the tech company, and AXE will continue on its merry way doing whatever it used to do?

    Which would have meant our new shares are far more diluted unless we buy more. When fact is Im in AXE for its new tech venture, not the old exploration AXE
    Last edited by HongKongPhooey: 20/04/21
 
watchlist Created with Sketch. Add AXE (ASX) to my watchlist
(20min delay)
Last
43.5¢
Change
0.020(4.82%)
Mkt cap ! $110.8M
Open High Low Value Volume
41.5¢ 44.0¢ 41.0¢ $69.52K 164.9K

Buyers (Bids)

No. Vol. Price($)
1 11856 43.5¢
 

Sellers (Offers)

Price($) Vol. No.
44.0¢ 17172 2
View Market Depth
Last trade - 16.10pm 03/06/2024 (20 minute delay) ?
Last
43.0¢
  Change
0.020 ( 4.88 %)
Open High Low Volume
41.5¢ 43.0¢ 41.0¢ 97429
Last updated 15.58pm 03/06/2024 ?
AXE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.