AXE 12.9% 39.5¢ archer materials limited

Jaded, did you really follow fridays action ? as soon as it got...

  1. 897 Posts.
    Jaded, did you really follow fridays action ? as soon as it got snapped
    up at 20c and hit 22c that infamous capper/seller re-emerged.
    Now althou I am inclined to agree with alot of you and Aksier posts,
    the fact remains that Graphite is the only current project AXE has
    going, and that capper/sellers only interest is to make AXE look
    pretty unattractive over all. Volume would have been zero had he
    not been around. Whether there would be merit on other projects aka. cu/ag/pb at Robertstown and Leight Creek magnesite remains to be
    seen, a nearology play to NVG is s always good but hardly anything
    which will set AXE on fire. Did AXE ever make a comment on their
    shale oil/gas ?

    For daytraders to enter the scene AXE needs to gap up above
    30c imho, but with the counter Graphite interest on AXE that
    wont happen in a million years time nor 1mio+ shares is going
    to be traded continously.

    I wouldnt touch AXE with a firetool right now.

    Stay far away is my advise because it will be run down again.





 
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Last
39.5¢
Change
0.045(12.9%)
Mkt cap ! $100.6M
Open High Low Value Volume
37.0¢ 40.0¢ 36.3¢ $107.9K 281.3K

Buyers (Bids)

No. Vol. Price($)
2 10263 39.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.5¢ 36554 1
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Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
AXE (ASX) Chart
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