The reason I bought into this stock is because due to its great potential and really low market cap and shares on issue is that I am not looking for a 10, 20 or 50% gain. I am looking for something with a gain that could potentially climb 500%+ or alot higher. To get a 500% gain from here we only need a market cap around 50 million which is still quite a small market cap. The potential from there is just amazing. the great thing also is that unlike alot of other companies that keep raising funds and diluting our holdings. AXT has only had one small cap raising after the GFC to keep going and has not diluted since which keeps the value of the shares on issue up.
AXT Price at posting:
13.0¢ Sentiment: ST Buy Disclosure: Held
