Throwing some bones to the rusted on believers. Seems that insto accumulated and held around the 2025 start of year run, while retail sold and has since continued to sell off.
And during the last 6 months insto have held, while retail continue to sell.
IMO the AXE story is getting stronger in the last 12 months:
- AXE closer than ever to commercialisation on sensor tech side
- AXE also closer than ever on quantum, and has made meaningful breakthroughs which are a step change vs 1 and 3 years ago (read out, Coloumb blockade device seems to work if you can decipher the presentation etc)
- Quantum narrative continues to gain steam globally
- For short term holders, there is an opportunity for a pump around every 6 months if you are patient with buying back in, typically coincides with the annual quantum interest spike and/or the big AXE technology development of the year
- If you believe insto on average know better and sooner, then you can see there has been a small and noticeable shift in sentiment vs. retail
(20min delay)