I think the sophisticates will be buying AXY on the long term...

I think the sophisticates will be buying AXY on the long term story and the upside that persists. Not bothering for such a small gain.

I am pretty confident drill results will be released next week to co-incide with the settlement on the recent placement. by my calculations they are due any day now.

I think a lot of the volume you are seeing traded is from dead wood holders who have been in this stock since the heady days following listing....In Particular I think one largish shareholder has been selling into the strength. This person I think is still bitter from being dumped from the board.......IMO