AXQ allco max securities and mortgage trust

I don't know. It would seem to me that its rational for axq to...

  1. 75 Posts.
    I don't know. It would seem to me that its rational for axq to be buying back if they know this strategy will cost them less than the amount they will have to pay back to unit holders in the event they are wound up. If axq is the buyer then they've been supporting starting at .10 then at .12 later this week ... if the market gets the message then maybe the price will keep getting pushed up. or maybe i am engaging in wishful thinking, feel free to challenge this logic with better thinking then mine if you like. either way, for every large seller this week there has been a large buyer + much larger than historical volumes generally lead into either a rapid jump or decline in a shareprice. If the price floor is maintained next week at or above .12 and there are no overtly negative announcements (market or axq specific) then I think there could be some very nice upside.


 
watchlist Created with Sketch. Add AXQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.