AXM apex minerals nl
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the current position

  1. andrewgravy
    352 Posts.
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    24/12/11
    11:18
    Post #: 9484322
    With the US economy to recover, the share price will recover a bit, considering the company has no asset liability. However, if the environment turns even sourer, I am afraid a consolidation is under way, which the company is waiting for, by letting the share price nose diving. The economy life cycle for this company is always "finding new mine - share price up - rights issue - selling the new mine - Share price down", bloody ill-minded company management!
    AXM Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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