new substantial shareholder, page-23

Easy tiger, don't go and pop a vein.
I don't wish this company to fail and I certainly hope that holders make money and don't lose money.
But all the talking up of this company also needs to be balanced with the fact this company is a CAPITAL KILLER and
prospective investors should THOROUGHLY research this company before investing their hard earned.

After chewing up a billion dollars of investors capital I expect a market cap of more than 50mil !! Don't you?

Also just because an institutional investor is in doesn't mean this company will be a success, you do know that don't you? You are aware that not every $ invested by SG Hiscocks & Company, Baker Steel Capital Managers, Goldman Sachs (lol) etc, earns a positive return? you are aware of this are you not? they do (I know its hard to believe in this booming world economy) make a loss occasionally.
I'm certainly not going to invest in a coy because Goldman Sachs is taking a punt, and I've never needed to be bailed out by the Govt because of bad investment decisions, unlike them.

Just look at RRl or NST over the last three years compared to AXM.
I hope (I really do) that the AXM chart will look more like those over the next three year.

Again, I wish all holders the best and many happy returns.


..and maybe the directors of AXM take a paycut to reflect their performance.