Nothing's certain of course (do your own research) but this looks like a good bet to climb again tomorrow. Consider the number of positive catalysts just around the corner;
(1) AGM on Wed 20 Nov
(2) AXE has undertaken to release its Commercialization Roadmap/Strategy B4 the AGM (and the way I read their remarks they seemed quite upbeat and positive about this coming release)
(3) AXE is soon to announce its new CEO and "possibly" this could coincide with the AGM and release of the Commercialization Roadmap/Strategy (makes sense)
(4) Govt is set to announce grants to high tech companies (could be in the next few days) including semi-conductor companies, and given that AXE is one of the very few Aust tech companies in this space (if not the only one) some may consider that its chances of picking up a Govt grant are good.
(5) In the next few weeks AXE is supposed to finish its latest design of the TMR Sensor and send it off to the fabricator (with much fanfare I hope),
(6) In the Oct 10 2024 Activity Report AXE said that it aimed to engage with potential customers early in 2025 (for the TMR Sensor technology) which could in turn bring forward "Revenue Opportunities".
Given the above, you might consider (DYOR) that buying back in may still result in a hand profit overall. But of course, No guarantees, anything could go wrong and in particular, bear in mind that since its low of .21 cents at the end of October, the SP has already climbed by 85% and may be due to pull back. Yes I know, so much to ponder. But you spin the wheel and takes your chances.
Regards
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Nothing's certain of course (do your own research) but this...
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Last
24.0¢ |
Change
-0.015(5.88%) |
Mkt cap ! $61.16M |
Open | High | Low | Value | Volume |
25.5¢ | 26.0¢ | 24.0¢ | $208.5K | 837.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 204524 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 8000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 155874 | 0.240 |
4 | 31172 | 0.235 |
4 | 73000 | 0.230 |
4 | 58460 | 0.225 |
3 | 29545 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 20481 | 2 |
0.270 | 19712 | 3 |
0.275 | 49252 | 4 |
0.280 | 25011 | 6 |
0.285 | 59237 | 3 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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