I have held Axiom stock for years. Sheerly for the reason that I am a penny stock investor, nothing more. It is a risk, a true gamble, I have watched conversations in this forum, always entertained but steadily silent.
I think it's time to propose that investors look at this company - not the headlines, not the chit chat; the company. Who is the CEO? Who is the board? Notably, the CEO is essentially self-appointed, has no education qualifications in his biography, and has been making close to a million dollars a year (for many years, since his early 30s if I'm correct) on piles of fluffy press releases and glossy reports that include the terms "soon" "nearly" "expected" "very close" and "believes" more than I, for one, think should be legally permitted by the ASX.
But I still hold the stock. Why? Luck, odds. I'm not a huge investor in this company, I frankly "expect" to lose everything on the money I invested years back. However, asides from it being a small position, I hold my small position because it can potentially pay big if the company lucks out.
Ryan Mount lucked out becoming CEO of a company he has very little idea on how to run (unless I read his bio wrong?); but he's still a millionaire off the luck.
I hope all holders become lucked out millionaires, similar to our fearless leader, Mr Mount.
