Hard to say.
My hypothesis is that the average nominal of AXE retail holders is small (<30k AUD) and most are simply putting the capital to use elsewhere and claiming the tax loss. If you're willing to spec on AXE for 12months, then you can take that elsewhere on the ASX for a much higher relative risk-return. Probably somewhat insulated from cost of living if you're speccing on AXE...
I've been following AXE for years and since the transition from the Mo era have become much more bullish on where this is going and the pace. I think this is also partially supported by what we see in insto buying and holding in the last 6 months vs nothing in prior periods.
I REALLY wish they would hire an effective head of commercial / BD person..
And someone that can make basic slides, or at least make a nice 1 page dotpoint summary to call out what the key diagrams and commentary means in the presentation and critically what this implies about AXE's tech and value vs. competitors. Are we so far ahead of the game via the materials route that no external party can grasp the value of the technology?
Why isn't the AXE X account super active...????
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AXE
archer materials limited
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5.08%
!
28.0¢

Hard to say. My hypothesis is that the average nominal of AXE...
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Last
28.0¢ |
Change
-0.015(5.08%) |
Mkt cap ! $71.35M |
Open | High | Low | Value | Volume |
29.0¢ | 29.0¢ | 27.5¢ | $55.36K | 197.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 30326 | 27.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.0¢ | 15979 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 30326 | 0.275 |
2 | 20400 | 0.270 |
1 | 100000 | 0.265 |
6 | 108844 | 0.260 |
8 | 102515 | 0.255 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 15979 | 1 |
0.285 | 35000 | 1 |
0.290 | 59500 | 1 |
0.295 | 5000 | 1 |
0.300 | 66658 | 8 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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AXE (ASX) Chart |