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0.2¢ axp energy limited

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SEAH

739 Posts.

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22/01/17

14:42

Post #: 22059266
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Originally posted by imback ↑

Hi SEAH,

Here is the latest cannacord report if you want to see the expected growth rates and margins/prices :

https://bit.ly/2e0HDKM

The XPAND study showed days between airxpander and saline expansion was 17 days vs 35 days. So I'm wondering whether that article had a typo and should have been 4-6 weeks. Still a huge advantage over saline in many ways and a no brainer for the patient.

In terms of current technicals it seems it's holding in the low $1's. Selling pressure above $1.10+. I think the fundamentals will drive the SP from here as we get sales reports and confirmation of early take up. The quarterly report will also be telling in terms of cash burn and potential need for CR.

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Thankyou for the report link, suggestion is cashflow +ve by late '17/early '18....also suggesting market penetration of 40%+...unless some significantstake holders retain a large blocking stake then I can't see us beingcaeound as a dividend payer? , but would be nice as dividends bring in more investment funds that don't look at stocks that don't pay out an income,

Kind regards, SEAH.

AXP Price at posting: $1.08 Sentiment: Buy Disclosure: Held
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Last 0.2¢		Change -0.001(25.0%)		Mkt cap ! $8.737M

Open	High	Low	Value	Volume
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Buyers (Bids)

No.	Vol.	Price($)
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Price($)	Vol.	No.
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Price($)	Vol.	No.
0.002	159562177	66
0.003	14978428	18
0.004	8154247	9
0.005	22401679	15
0.006	24125763	8

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