Excellent news. AXE could probably sell their combined tenements without doing any further exploration work for much, much more than the current market cap, and that isn't even taking into account the 16c cash backing per share. Ridiculously undervalued atm. Hopefully the value will start to get recognised by the market with a steady flow of news until the end of the year. Would help if management got a bit more proactive with promoting the story.
RE the Patersons graphite report and the resource stocks article, it's good to see a bit of coverage and that analysts are starting to follow the company!
Excellent news. AXE could probably sell their combined tenements...
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Last
32.5¢ |
Change
-0.025(7.14%) |
Mkt cap ! $82.82M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.0¢ | 32.5¢ | $126.0K | 382.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 32946 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 2222 | 1 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| AXE (ASX) Chart |