Don't think it's been the SPP holding us back before today. We did the calcs before that if everyone subscribed for the max it would equate to about only $2,500 worth for each holder, so nobody would've been selling in anticipation of getting $15 K's worth guaranteed in the SPP. Agree with others that it's probably just been the so-called sophisticated investors from the placement ( plus a few DTs) washing through for a small profit that's held us back.
Anyway you look at it, compared to SYR's SP, AXE is way undervalued and primed for a nice run if/when it can clear 35c resistance.
Don't think it's been the SPP holding us back before today. We...
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Last
33.5¢ |
Change
0.005(1.52%) |
Mkt cap ! $85.37M | |||
| Open | High | Low | Value | Volume |
| 34.5¢ | 34.5¢ | 32.0¢ | $116.1K | 352.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5129 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 24040 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AXE (ASX) Chart |