I did hold it for a long time years ago in my super fund. Bought in in the high $1's and it got a bit pricey based on performance, so I sold in mid $2 range and also had held for more than 12 months, so took advantage of the capital gains discount. Have watched ever since, looking for an opportunity to get back in. Just bought a small parcel to dip the toe in and will accumulate on any dips. I am a long term holder, not the trading type. I will closely monitor their results over 12 months or more and if it starts to look expensive then I won't hesitate to sell. But it all depends on their numbers and if they continue to perform then I will always hold till the numbers say it's pricey.
Christopher
AX1 Price at posting:
$2.19 Sentiment: Buy Disclosure: Held
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