Axis full launch11 Sep 2025 17:49
29th Oct 2021 7:00 am RNS Commercial Launch of AxisBiotix-Psβ’
SP was somewhere in the 70s. 76 i think approx.
Since then SP tanked to circa 7p, literally directly after launch. It went 7p to 27p, but only because raises and bonds occurred down there, which as per norm, needed offloading. When offloaded in mid 20s approx, yet another raise , 17p
Now, in all those years, Axis had lots of press, fanfare and lots of plans to make it huge (long before superdrug existed)
We can spin all events since as a reason for raises etc? Ok - but it simply means Axis never achieved anything, else not have needed all such raises for anything else
It's record is an SP and sales catastrophic failure in actuals terms. Be it viewed directly or indirectly as input to other plans.
Yet the board went out and raised f 4.2M to put it on a shelf (yeah right), despite the abysmal record (listen back to their own expectations) across many channels)
So, no - I don't see a value trade here at all. At times I am willing to trade manipulation re maker set to open an SP up, to sell into on news. I cant even be bothered to do that here.