AXO has touched $1.35 at least 4 times, then heavy selling...

AXO has touched $1.35 at least 4 times, then heavy selling triggered.

Does it because of its valuation, or some sophisticated investors bail out by making 50% profit through placement?

For AXO to advance, the $1.35 is a heavy resistance.

Re-rating is seriously needed for this one.

Project finance, resource upgrade, or finalized iron ore contract price for 08 could be the catalysts.

Otherwise, the share price will go nowhere in a hurry.

Patients, patients, almost running out...