AVQ 0.00% 2.5¢ axiom mining limited

Ann: Trading Halt-AVQ.AX, page-178

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  1. 668 Posts.
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    I personally think you are fundamentally right wsDK_II. That is why I ride the roller coaster and sell nothing. I note the large disconnect as pointed out today by an earlier poster - the bulk of shares in this company are held by a select few who could easily bail with a Disallowed at circa .75 cents and walk away with millions. Hopefully, they will resist the temptation to cut and run if a potential take over offer comes along because the full value of this potential asset is still to be realized and most of the implied evidence indicates a substantial resource that is potentially many multiples of the mooted .75 cents. Should the PL license for Isabel come back to us as seems highly likely, then I think the smart money will also be looking to a fair and reasonable valuation going forward. This is my interpretation, even though I vent extreme frustration at times.
 
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