yes Wazz, exactly what you were telling me at 1.2c last...

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14/08/22

11:25

Post #: 63102345
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Originally posted by Wazz101: ↑

Some real operational traction developing here; annualised net revenue now over $30m after a cracking quarter.

That compares to a market cap of $35m, so a market cap / revenue multiple of 1.2x, which screams value.

additionally there are plenty of growth initiatives through reworks, crypto commissioning ( late but coming) and higher oil production through lower well pressure we will emerge a profitable company with high growth.

With positive cash flow of $1m in the quarter this is no longer a survival story funded by shareholders and exotic debt instruments, but an operation where management can make decisions about priorities and investments that can add further value to the enterprise.

Is now only a matter of time before the market catches on and we will see some SP appreciation.

The current market rebound on improving inflation and moving into the northern hemisphere winter should also act as positive catalysts to the SP.

Granted the market is highly sceptical on AXP after multiple false dawns and want to see the numbers, but a couple of more quarters like this one will really see the runs on the board and the market will have to take notice.

Good luck

Wazz

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yes Wazz, exactly what you were telling me at 1.2c last Oct/Nov

https://hotcopper.com.au/threads/ann-full-year-statutory-accounts.6391916/page-5?post_id=57390507

you're not going to get off lightly with more spin about the "future"
as AXP just experienced the biggest O&G price rises in a very very long time....after your post (luckily)

yet, I still can't wait for that annual report...
and to correct you yet again on all the FY21 full year one off profit spin of $5.2m

AXP Price at posting: 0.6¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
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

View Market Depth

No.	Vol.	Price($)
13	18675552	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	44267397	34
0.003	30811609	17
0.004	14480027	14
0.005	5638870	16
0.006	18031191	7

Last trade - 12.46pm 25/06/2025 (20 minute delay)

AXP (ASX) Chart

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