AXP 0.00% 0.2¢ axp energy limited

As per BCC_100's comments.... it's all about the question marks...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,141 Posts.
    lightbulb Created with Sketch. 166
    As per BCC_100's comments.... it's all about the question marks around its capacity to reach break even without going cap in hand to the market again. All I was saying was that opening the last CR to also include a SPP would have helped shore this position up a bit more.

    I've been part of a few of these, most recently PNV which basically doubled from the SPP/CR price in a couple of months. People believe PNV have the cash needed to reach breakeven, while they doubt AXP does.

    For what it's worth, I've dipped my toe in the pool today and got a couple of shares. Hedging my bets and keeping some pennies on hand in case there is a CR that drops the price, and also in case there is a SPP if it does happen.

    Great product, big opportunity, just needs couple more mill in the bank to shore up the path to break even.
 
watchlist Created with Sketch. Add AXP (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $5.824M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
26 36409120 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 83608318 61
View Market Depth
Last trade - 12.52pm 02/12/2024 (20 minute delay) ?
AXP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.