AXP 0.00% 0.2¢ axp energy limited

Hey Gareth. I'm in the same boat re not picking up the cheap...

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  1. 2,848 Posts.
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    Hey Gareth. I'm in the same boat re not picking up the cheap shares due to mistiming of my funds. Would definitely have preferred to have picked up at guaranteed 7.5c rather than wait/hope for drop.

    Interesting to see today's substantial holders notice from vibernum. I am familiar with them as they were came into another company I owned (Vision group holdings) before they were bought out by a Chinese group. They also bought into CAJ in the low/mid teens. So this is a good sign they believe in the business value down here. Their average is 8.5c.

    So hopefully they won't be hoovering up too many shares as the market is now flooded with double the issued shares. I can't imagine not having profit takers and clean out of short term holders which should push SP down. But I may have to pay my disorganization tax and pay slightly above 7.5c.

    I also can't see any news to push this SP along until the next 4C (assuming sales are growing) . Good luck.
 
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