AXM 0.00% 1.1¢ apex minerals nl

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  1. 4,326 Posts.
    just noticed Kim Robinson's name pop up in an online article.

    http://www.thewest.com.au/default.aspx?MenuID=32&ContentID=98072

    value of his Kagara holding dropping 2.4mil in a day. These guys are obviously in the same boat as all of us, these are uncertain times and cash is king. saying that there are some opportunities starting to pop up, AXM in my book is well on the radar, but then again i pretty much said that at 40 and 50c too ;)

    all in all i guess these losses are merely paper and when you compare it to another guy mentioned in the article, Twiggy, who dropped 250mil today brings it all back into perspective.


    just hope no AXMers are over exposed in these uncertain times, in the mid term i am still a believer that this will go places, just a matter of keeping a pulse on your portfolio's as a whole and reserving as much cash as you can for opportune times.

    best of luck
    Davo
 
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