Chuk, I am only voicing a concern that something is behind the reason as to why the price of shares has plummeted to current lows. I don't believe that we have outperformed our peers....and I have read all the posts on other companies that you and others have put forward. My comments are one of conjecture....most through frustration.... as to why have gone down from 4+cps when all the announcements are and have been so positive.
You may not like what I have said....hell, I don't! But the fact is ABU's shares have dropped to half what they were after new deposites have been identified some 4+ months ago. Even in depressed times shares can go up on positive news....this has not been the case here.
I hold a swag of ABU (held some well over a decade) and believe, though it is becoming more difficult to continue, in its potential. I have been repeatedly burnt by other companies that have released positive announcements only to see values drop 50% and much more.....and then the penny is dropped on some 'unforseen announced' problem which the uninformed were not aware of.
I sincerely hope that I am wrong and all is well. We will see results in August!!!!!
ABU Price at posting:
2.6¢ Sentiment: Hold Disclosure: Held
