What really got my interest going was the name Argo. The fact that i hold ARG (diversified financials)and thoroughly happy with them, makes me take the idea that the "apple may not fall far from the tree", with respect to corporate governance and due diligence with their choice of JV's etc.
However, i cant find anything to suggest the 2 are linked.
IS AXT part of the ARG stable ?
To answer you question, no, i currently do not hold. Your cash backing assessment is spot on.
AXT Price at posting:
6.5¢ Sentiment: Hold Disclosure: Not Held
