AXE archer materials limited

Pretty oversold, bound to bounce back. Personally, I think the...

  1. 3,251 Posts.
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    Pretty oversold, bound to bounce back.

    Personally, I think the day to day SP is quite irrelevant because I always buy a stock with a view to hold it for 10 years. Yeah, it sounds like a big commitment.. But that's how I stop myself from making silly mistakes based on hype and greed.

    Honestly, no point owning stock here if you can't see yourself holding it for 5 years. The beauty is, the odds that this company is worth more in 5 years are pretty high in my opinion.

    I couldn't tell you what it'll be worth tomorrow, or the next day, or in a couple weeks. As you widen the scope of the timeline you plan to invest, it becomes much easier to assume SP growth or decline.

    Everything the company has done over the past few years gives me great confidence that it will continue to reach milestones and increase in SP.

    Even if the 12CQ failed.. The management of AXE is smart.. They will bring success to the company in one way or another.. A1 Biochip is an example of the fact that AXE will not just hang it's hat on one project..
 
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(20min delay)
Last
28.0¢
Change
-0.005(1.75%)
Mkt cap ! $71.35M
Open High Low Value Volume
29.0¢ 29.5¢ 28.0¢ $32.59K 114.1K

Buyers (Bids)

No. Vol. Price($)
3 17601 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 58500 2
View Market Depth
Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
AXE (ASX) Chart
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