AXM 0.00% 1.1¢ apex minerals nl

re: reinstatement to trading Raising capital at 1c will kill SP...

  1. 496 Posts.
    re: reinstatement to trading Raising capital at 1c will kill SP in the short term, and it wouldn't surprise me to see SP hit 1c later this month after 14th Feb XE date, or in march when new shares are issued.

    But long term this is a positive for the company. Especially if POG stay on its long term uptrend.

    AXMOs being smashed today, and I think they are a good high risk high reward play. A lot will happen between now and end of 2012.

    On AXM actual shares, I have changed my sentiment to short term hold, because I expect to see better buying conditions through march and april.
 
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Currently unlisted public company.

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