AXM
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0.00% 1.1¢ apex minerals nl

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  1. davo77
    4,326 Posts.
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    17/10/08
    14:38
    Post #: 4401231
    i believe yes, AXM is a spec small cap still classed as an explorer. After the first pour i believe it will then get re-rated.

    The sell pressure, who knows, i still wouldn't put it bast being a disguised accumulator however GoldmanSachs have underwritten this last placement and may have some stocks to sell, likewise they may have some investors wanting in on the cheap.
    AXM Price at posting: 32.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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