I expected and ann this week. I don't like the chances of an ann being made in the short half week before Xmas. I hope I'm wrong but I can't see an ann before the New Yr now.
If an ann had of arrived yesterday or today the sp would have kept going. Congrats to the sellers at 40c+, they have probably got out at the top for now.
Now the momentum has stopped and the sp will drop back. Back to where exactly I don't know.
IMO next Sept/Oct will be a great time to be a AXM s/holder.
AXM Price at posting:
38.0¢ Sentiment: Hold Disclosure: Held