Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
AXP Energy ( (AU:AXP) ) has provided an update.
AXP Energy has issued 73,845,833 fully paid ordinary shares at $0.012 each without a disclosure document, relying on provisions of the Corporations Act that allow such placements when continuous disclosure and reporting obligations are met. The company confirmed it is compliant with relevant reporting and disclosure requirements, stated there is no undisclosed price-sensitive information, and noted that its updated capital structure following the share issue has been lodged with the market, clarifying its equity base for investors.
The most recent analyst rating on (AU:AXP) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on AXP Energy stock, see the AU:AXP Stock Forecast page.
More about AXP Energy
AXP Energy Limited is an oil and gas production and development company with core operations in Colorado. The company focuses on repurposing stranded gas at its 100%-owned Pathfinder Field for power generation, targeting sales to data centre operators and owners engaged in high performance computing workloads such as AI, rendering and other processor-intensive applications, and currently operates 24 oil and gas wells at Pathfinder.
YTD Price Performance: -12.50%
Average Trading Volume: 708,239
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$5.26M
Find detailed analytics on AXP stock on TipRanks’ Stock Analysis page.