AXM 0.00% 1.1¢ apex minerals nl

chinesewhispers or any si- axm raising price?, page-26

  1. 12,839 Posts.
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    asf, as you would know - the stock market isn't like Woolworths. What might seem a bargain today will probably seem more of a bargain tomorrow and conversely what seems expensive today will probably be more expensive tomorrow.

    The chart tells the story here.

    IMO, this company is headed for liquidation. They went for a ridiculous and desperate dilution on the back of ramped up confidence that Au$1500+ per oz of gold would see them in the black. As we now know that hasn't held true.

    Caveat emptor.
 
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