AXE archer materials limited

What is happening, page-1175

  1. 40 Posts.
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    Often when I look at this forum, I think it's a group therapy session for long term AXE shareholders looking for confirmation bias. Always hoping for unrealistic announcements, bought into a speccy mining company at sub 10 cents, got this many shares (???) and definitely don't won't contributors to exercise critical independent judgement (who might be more qualified and experienced).

    AXE is a good and interesting story but really belongs in the VC space with all the other quantum single plays. VC fund look at what a company's market cap could be using their reasoning/methodology and work backwards using ROE (no debt used i.e. equity).This is why brokers don't cover it and institutions don't own it. There is a lot of variance i.e. risk with this stock and time will tell if it will be rewarded. Interest in AXE will increase if technological milestones are achieved over time and, therefore, a lot lower risk. Anyway here is some red meat.
    disallowed/national/quantum-sensors-sea-drones-and-hypersonic-missiles-what-are-the-new-frontiers-of-war-20210923-p58ubz.html
 
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(20min delay)
Last
23.0¢
Change
0.000(0.00%)
Mkt cap ! $58.61M
Open High Low Value Volume
22.5¢ 24.0¢ 22.5¢ $89.25K 387.4K

Buyers (Bids)

No. Vol. Price($)
4 104441 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 56023 2
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
AXE (ASX) Chart
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