AXM apex minerals nl
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this stock is underperforming, why?

  1. richrichie
    3,394 Posts.
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    18/06/09
    22:05
    Post #: 5298358
    OZL still being a substantial holder, could potentially take over this company. Given OZL is now cashed up and focus is Prominent Hill (gold and copper assets).

    Spinning off its nickel assets to another company is a good thing.

    But now that its share price is below the capital raising issue price may seem to be unpopular with big sellers.

    Why is this performing so badly?
    AXM Price at posting: 14.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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