I could be totally wrong but I have a sneaking suspicion the last run to $3 came about because retail buyers got their wires crossed regarding the US patent. I think a lot bought in thinking the bio sensor announcement was related to the quantum patent. Understandable if people weren’t totally across AXE as the Korean patent was approved only a couple of weeks before.
The AFR hatchet job and savvy profit takers knowing the difference between the patents pushed the price back to where we are now. I topped up yesterday with the expectation that the quantum patent is announced on the 21st. If/when this drops I think we head back north of $3.
CHART, page-177
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Last
32.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $81.55M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.5¢ | 30.5¢ | $80.57K | 255.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15930 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 69047 | 5 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| AXE (ASX) Chart |