Yes quite possible its been baked in hence why the short positions are still fairly high. I just don't see how when AX1 trades at a substantial discount to its competition.
Upside can come from factors like reduce rent costs, store rollouts, online sales traction and a handy dividend.
SP was very well managed throughout the last few days proof will be in the pudding mate.
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Last
$1.34 |
Change
0.050(3.88%) |
Mkt cap ! $805.5M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.37 | $1.30 | $7.226M | 5.387M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 221775 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 20372 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| AX1 (ASX) Chart |