Insights: Axtec Ltd (ASX:AXI)

Price Chart

Market Statistics

Open$0.020

Previous Close$0.020

Day High$0.020

Day Low$0.017

52 Week High$0.058

52 Week Low$0.010

Valuation

Market Cap10.49M

Shares Outstanding524.61M

Price to Book0.87

Trading Activity

Volume0.00

Value Traded0.00

Bid$0.016 × 147,683

Ask$0.018 × 15,000

Performance

1 Day13.33%

5 Day-10.53%

13 Week30.77%

52 Week-43.33%

YTD30.77%

Technical Indicators

RSI (14)62.89

50-Day SMA$0.014

That’s the ticket: snaring a prime parking spot ahead of the post-pandemic motoring revival

As the pandemic lockdowns grind on, investing in the car parking sector looks a decidedly dead-end option given the expanses of vacant lots across the affected regions. The situation is unlikely to change until Sydney and Melbourne office workers – who account for 80% of usage – are allowed to return to their cubicles. “The […]

5 min read

Tim Boreham

AXTEC ORD

That’s the ticket: snaring a prime parking spot ahead of the post-pandemic motoring revival