Insights: Axtec Ltd (ASX:AXI)

Price Chart

Market Statistics

Open$0.014

Previous Close$0.013

Day High$0.014

Day Low$0.014

52 Week High$0.058

52 Week Low$0.012

Valuation

Market Cap7.34M

Shares Outstanding524.61M

Price to Book0.71

Trading Activity

Volume100.00K

Value Traded1.40K

Bid$0.012 × 135,613

Ask$0.014 × 344,387

Performance

1 Day7.69%

5 Day7.69%

13 Week-17.65%

52 Week-60.00%

YTD7.69%

Technical Indicators

RSI (14)53.28

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