Insights: Axtec Ltd (ASX:AXI)

Price Chart

Market Statistics

Open$0.019

Previous Close$0.019

Day High$0.019

Day Low$0.019

52 Week High$0.058

52 Week Low$0.010

Valuation

Market Cap9.97M

Shares Outstanding524.61M

Price to Book1.39

Trading Activity

Volume0.00

Value Traded0.00

Bid$0.019 × 199,213

Ask$0.023 × 519,789

Performance

1 Day5.88%

5 Day-10.00%

13 Week38.46%

52 Week-41.94%

YTD38.46%

Technical Indicators

RSI (14)53.02

50-Day SMA$0.016

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