No more deep thinking than 35 cents it is trading significantly below the last (final) capital raising, and management knowing there in reality cannot be another capital raising. At 35cents I think APX can be sold off in a fire sale somewhere between 35 and 17, realistically may lose 50%, mixed with the chance it could be 0 cents aka https://en.wikipedia.org/wiki/RiverCity_Motorway. $1 is possible in 2024 if APX can actually show some ability to execute. I am not downramping, I do hope that APX can get back to $1 in 2024.
No more deep thinking than 35 cents it is trading significantly...
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Last
79.0¢ |
Change
-0.040(4.82%) |
Mkt cap ! $176.1M | |||
| Open | High | Low | Value | Volume |
| 82.5¢ | 87.5¢ | 76.5¢ | $15.90M | 19.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 110251 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.5¢ | 18000 | 2 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| APX (ASX) Chart |