There's an interesting announcement (the last announcement) regarding a substantial shareholder joining the company. The thing that AXM didn't do, that many other companies who have been concerned about their market sentiment do is rate the announcement as 'Market Sensitive'.
One can talk up or talk down this stock but one has to think that the handling of this announcement showed NO PANIC from the Apex Team.
My thoughts on the cap @ 0.008 is that it will disappear possibly in one order of ~$250k with or without the next Quarterly Announcement.
Gold@US$1,544 overnight...Expect cost of production per ounce to be below AUD$1,000
I'm sleeping ok.
Alt Out!
AXM Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
