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.
AXM Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held
