Completely different scenario - Frasers is a perfect fit for AX1 and increases the range of similar products they already sell plus many more world-leading brands in the sports/active markets.
As with AX1, Frasers is also a really well run company with an even higher ROE and profitably than AX1 - and AX1 has returned about 20% p/yr for the past 10yrs. With Frasers 40-odd yrs of experience in a similar retail space as AX1 and with over 700 stores in the UK and internationally you would assume that sort of experience being bought to the table can only be a positive.
****** has it as their stock of the day and Mark Gardener from Team Invest even compares it to JB Hi-Fi
Completely different scenario - Frasers is a perfect fit for AX1...
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Last
$1.36 |
Change
-0.445(24.7%) |
Mkt cap ! $817.6M | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.56 | $1.33 | $23.26M | 16.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 27811 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 400 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| AX1 (ASX) Chart |