Have you reviewed the iTech prospectus mate? If not that’s your best starting point for a decision on what to do regarding the buy/hold/sell decision on that IPO.
The fact is, most of us longer term holders (and likely Tonza) got on board AXE originally because we were impressed by some of those minerals projects.
I think it will be a fairly successful IPO, they are in some good spaces with the metals they are chasing & several of the projects have already been developed at least to a reasonable degree. It’s not like they are just going out onto some promising ground Drilling & exploring for whatever they can find - they know the resources are there so it’s more about developing at least one of those projects further towards production.
Patents Update, page-44
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23.5¢ |
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Mkt cap ! $59.88M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.5¢ | 23.5¢ | $31.14K | 129.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23504 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 77372 | 3 |
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