i think you should look further behind the scenes and look at AXM board compared to VRE board.
Kim Robinson - KZL
Mark Ashley - LionOre
Todd Bennett - one of the wealthiest families in australia
all VRE promises were broken. they were all spruiked and as such the SP was over-inflated.
AXM is underinflated imo but all promises have been met. i have no belief that this will change now.