AXP 0.00% 0.2¢ axp energy limited

“People’s views [towards AirXpanders’ shares] are being dictated...

  1. 683 Posts.
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    “People’s views [towards AirXpanders’ shares] are being dictated by the share price rather than their view of the prospects for the company,” argues Cannaccord’s Smith. It is quite fixable."

    I think at these levels the price is cheap for an initial entry. So far we have a new CEO, we are cost cutting and we have implemented a distributor. Sometimes you can't change a company overnight!! This will take 2-3 quarters to fix up which includes a cap raise at most likely 10-12c (I hope and I hope at higher levels). A bit of tax selling is happening right now, however, I still don't plan on averaging down until sales momentum comes back!
 
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