Great to see the bounce back from this mornings opening.
Looking at the bigger picture, I wont complain about the capital raising as I think its better operations are established well from the outset rather than hiccups later that might result in larger losses.
I certainly would expect/hope that this would be the last dilution of shareholder value given AXM are 'CASHFLOW POSITIVE NOW'. I still think 3-6 months of good production results and maybe some excellent acquisitions would really strengthen the SP significantly.
AXM Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held