Explanation is probably quite simple. The underwriting company...

Explanation is probably quite simple.

The underwriting company had the SP on life support for a week, thus making more people to take up the rights offer (so the underwriters don't have to buy all the new share issue themselves).

I think AXM whent XE today, artificial support of the SP is was not longer required - this explains the drop.

I think she should recover quickly though.

DYOR