Yeah. I actually like the AXM business model and have been a shareholder previously. I refuse to pay more than the 'sophisticated investors' but am happy to buy below 27c. And although I'm on board again as a shareholder I would suggest no-one pays more than 27c until such time as AXM management provides news or evidence that AXM is worth more.
I base my valuation on the only evidence available at this time. The AXM management could only convince the 'sophisticated investors' to pay 27c, so that must be the AXM value at this point in time (until evidence to the contrary is made available).
As for, 'nice ploy'. Please, I do consider myself intelligent and articulate (don't forget good looking), but you give my talents to much credit if you think my posts have persuaded AXM shareholders to sell at these levels. Infact to be completely candid I was umming and arring as to whether to jump back in or not. It is always a worry when the sp drops so much and you have no news to base your decision on.
Kind regards.
AXM Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held