AXE archer materials limited

Good day with decent volume to wash through a few trades IMO...

  1. 1,111 Posts.
    lightbulb Created with Sketch. 154
    Good day with decent volume to wash through a few trades IMO (well i have anyway). The more volume you see down at these levels you will probably find support.
    Cash backing is at around 10 cents the rest is EV .

    Here is some of the US insto's which report holdings, as at end of April. Im not sure how the local funds are positioned.

    https://hotcopper.com.au/data/attachments/4330/4330941-93a3805ab83db7b6e1878ce602819cb6.jpg

    Pretty obvious support line here.

    https://hotcopper.com.au/data/attachments/4330/4330965-e688c7933dabed1f2b8c0f36b3377390.jpg


 
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(20min delay)
Last
28.0¢
Change
0.000(0.00%)
Mkt cap ! $71.35M
Open High Low Value Volume
28.0¢ 29.0¢ 28.0¢ $16.04K 57.22K

Buyers (Bids)

No. Vol. Price($)
2 23937 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 6400 2
View Market Depth
Last trade - 10.09am 31/07/2025 (20 minute delay) ?
AXE (ASX) Chart
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