AXE 7.02% 30.5¢ archer materials limited

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  1. 3,429 Posts.
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    I will entertain you both with your request as to why I'm in AXE
    And FYI STT is just a hobby. I'm more LT with 3/4 of my investments

    Archer are more appropriately funded, have a superior deposit in a commercial sense (as opposed to grade), smarter management team, and the price:growth potential over the next 3 years to me has greater upside than others like SYR. Even when you consider MC, they would be prey as opposed to preying that would dilute, should industry consol'n ever occur in these juniors.

    I put my money where my mouth is when axe was around 30c, and in the past year buy further at least once a month or when it dips under 19c. Like yesterday. Me thinks all the above makes this a cracking buy.

    Haven't played SYR. Played MGY for a while, however hopeless management were the cause to sell out at 7c.

    Good luck with your investigation and squabble boys and girls
 
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