I don't understand why I challege the management resulted an insult from other guys? Are they directors' friends?
AXO management was crazy on iron ore boom so they increased the capex from $540m to $1billion igoring the recession now. What do they think? Does Charles need finance or an running cash out AXO? Why doesn't Mr. Charles decrease the capex in the recession?
BHP must be too crazy to close the WA nickel mine since AXO does not reduce the capex in recession!!!
Charles must be smarter than the BHP CEO!!!!
We are shareholders angry with Mr. Charles. It is very simple that AXO's price at $0.10 . Yes, it is $0.10 which is totally different to ABN's last report i.e. target $1.00 .My maths is too bad!!!
AXO Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
