this stock is underperforming, why?, page-4

LOL with Andrew Makemepoor out of the way I'm sure OZL will be much more saavy in future acquisitions. If AXM can't provide a decent profit on the back of "commercial production" as such, then that's when the SP will really plummet. At the moment I'm predicting a holding pattern between 15-20 cents until costs are announced in a few weeks time. A leaky ship will always take on water a bit earlier than usual and I have a gut feeling that's what has been occuring with AXM not just today but over the past few months. We should have all seen this coming with the continual exodus and bearish decline in SP which has created one of the "ugliest charts on the ASX" as mentioned by someone a couple of months back.