Cant understand those that don't believe ABU has any future - post- Old Pirate are holding?
The very fact you are holding contradicts this fact!
With continual negativity being pumped out of hot copper you are playing into the
hands of shrewd investors, whom will adjust there buying strategies accordingly
to amplified changers in negative sentiment.
When sentiment changes buyers will & have proven they have been willing to compete with other
bidders & drive the s/p action upwards to acquire, have you not noticed this fact of reality in regards
to the share price action already.
Clearly other investors have been topping up & newer holders are coming on board in order to
become eligible for the R,I' at 4 cents, or the share price would not be trending the way it has
been.
Sentiment turning negative & buyers will sit with the bidders at under recent price action &
await the s/p coming to them.
Hence obviously its new money that will drive the s/p & be beneficial to all invested.
Old Pirate is a dead duck, Yes lets fully absorbed the reality & process it!
ABU needs capital to move forward-hence the R.I.'s, & with ABU's optionality utilise some of its
other options in an endeavour to move ABU forward in order to potentially benefit existing
& new holders.
New investors like billyen are a breath of fresh air & stand to do very well imo-as there entry has
been through a combination of circumstance's & there choice been timed very well.
On a risk v/s reward basis- relative to the s/p value, those investors that are & have been backing there
own judgement & going against the grain while LTH dwell on what could have been regarding Old
Pirate are slipping under the radar & acquiring ABU at these- quiet obviously extreme lows.
Existing share holders are failing to realise the resulting impact of there actions is having
& are imo continually shooting themselves in the foot!
imo-salt
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