Good summary
Personally i think that the share price will drop 80 to 100 percent (or more) of the dividend price as the market always seems to overcorrect. However i think this will be short lived followed by a significant bounce back.
Expect market share achieved by axiron to surprise on the up side. Imagine you had the choice of using a sticky gel vs a spray on deoderant what would you choose?
So my thoughts are collect the dividend wait for the bounce back then following good market share results get the $4-$7 takeover mentioned in another post. I certainly won't be selling post dividend.
Good luck to all holders whatever you choose.
in it for the distribution... but maybe more?, page-2
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Last
6.4¢ |
Change
0.001(1.59%) |
Mkt cap ! $18.60M | |||
| Open | High | Low | Value | Volume |
| 6.4¢ | 6.6¢ | 6.3¢ | $27.96K | 432.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3828 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.4¢ | 214977 | 1 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
6.3¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 6.5¢ | 6.7¢ | 6.3¢ | 79044 | ||
| Last updated 15.56pm 10/05/2024 ? | |||||
| ACR (ASX) Chart |