AXE archer materials limited

An ANN, news is the only thing that will support the share...

  1. 439 Posts.
    lightbulb Created with Sketch.  17
    An ANN, news is the only thing that will support the share price.

    Choice of:

    Graphite,
    Magnesite,
    Cobalt,
    Copper,
    Barite,
    Gold.

    Yes I know it is an exploration company with a current MC of just under 17m and 177 m shares.

    The historic chart looks like this. I never realised the share price got to 46 cents in early 2012.
    I could ask if this is a lifestyle company for the directors but I won't.
    What I want to know is more about the cobalt, is it in a laterite or sulphide. How close to the surface is the deposit if there is one.
    Looking forward to news but I assume things take time.
    Feeling pretty positive about the company but old hands might have a different opinion. 46 cents in 2012. What value was there in the company?
    Needs a Joint venture IMO. Off take agreement.
    Screen Shot 2018-03-08 at 9.50.07 PM.png
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Last
28.5¢
Change
-0.025(8.06%)
Mkt cap ! $79.00M
Open High Low Volume
31.5¢ 33.0¢ 28.0¢ 1.965M

Buyers (Bids)

Vol. Price($)
47920 28.0¢
 

Sellers (Offers)

Price($) Vol.
29.0¢ 25379
Last trade - 16.11pm 03/07/2026 (20 minute delay) ?
AXE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.