A key feature of the current market are the factors combining to put selling pressure on stocks. In many cases the selling pressure may have nothing to do with the quality or performance of the project.
Buyers are gun shy as buying at what appeared to be attractive prices soon proved to be expensive as the stock fell further.
The continued fall in financial stocks particularly banks are popping the eyeballs of margin borrowers. They have to sell to meet margin calls and in that mood any stock will do.
It is impossible to work out what is real and what is market noise.
AXO Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held