I understand the disappointment and thought I'd compare the AX1 performance with some other retail linked stocks across the last 12 months. It may just be that the confidence in managements skills enabled them to resist gravity for quite a while but some of the predictions and sentiment expressed through the media for discretionary retailers is starting to weigh heavier as each day goes by and we ponder even more interest rate rises.
AX1 Price at posting:
$1.73 Sentiment: Hold Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)