It's people taking profits. Around 12 months ago, you could buy AX1 (then RCG) for less than 70cps. Now it's $1.21. CGT discount cuts in from +12months, so I expect there will be a whole bunch of people taking profits over the next three months, so selling pressure will remain high. No dramas, the business is forecast to grow, so just hold until the selling pressure reduces and SP recovers.
It's people taking profits. Around 12 months ago, you could buy...
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Last
$1.34 |
Change
0.050(3.88%) |
Mkt cap ! $805.5M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.37 | $1.30 | $7.226M | 5.387M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 221775 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 20372 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| AX1 (ASX) Chart |