Australia's largest stock trading and investment forum Australia's #1 stock forum

AB1

Click for more information

0.00%

18.0¢ abarta resources limited

AB1 - private off market trading facility by mgmgt, page-25

First 25 Last

Share
Profile

Follow
PaydirtPat

219 Posts.

120

17/04/20

08:15

Post #: 44091434
Share

Originally posted by happyclown: ↑

I am always open for other opinions.
But what do you mean with "unsubstantiated rubbish"?

Actually it is a fact!
Or did i miss something that they are listed now somewhere?

I think the facts are very clear and i will point them out again:
1. They spent about a Million Dollar for attorneys with their goal to be listed on the ASX again
2. The ASX didnt want them. The ASX delisted them
3. If they spent that insane amount of money, it is 100% likely that they would accept any other major stock exchange instead.
And i am very sure that they also tried that because as we know they are expanding very much and constantly buying more and more companys. So they need constantly money. To get money, they need to to give out new shares. Which is only possible if they are listed somewhere.
4. They are globally nowhere listed at this time
5. They are listing now on this Trading Hub. It proves to me that they were not succesful at all and therefore decided to chose this alternative.

I think it is also important to point out that with this Trading Halt, that their business is in a trading halt too.
The past months and two years before the Trading Halt were extremely busy with buying new companys or going into new partnerships.
They want to be the first and major Company in Blockchain Gaming.
But with their business freeze they cant give out new shares and cant close deals for new partnerships.
Potential Partners for Blockchain Cooperation could run into the arms of other Companys to build up Blockchain Business.

I am not saying this to bother you all. But i am a person who always looks at two sides of the Coin.
I want them to be successful as much as you Guys. But i cant just watch and continue to cheer as nothing happened.
And i cant turn it into a positive note because the stock markets crashed and we were so lucky to be in a Trading Halt.
For us foreign Investors in Europe this current Halt already has brought us big loss.
Because of the Currency Rates we already lost 20% of our Investment because the Australian Dollar lost 20% value against the Euro during the Halt. And the technical Chart is continuing to go down.

I know the character of these Forums is to write always positive to push each other up.
But i am a person who is always critical and looks also behind the curtain and analyzing in detail and connect the dots to build my opinion.
I dont have to be Einstein to check that it is for sure that their strenghts to be listed somewhere has failed.

I think that we have at least another half year of a trading halt.
And i am almost sure that this year they will not be listed anywhere.
For me this is dead money and a company which is in a coma with their business.
I wish for all of us that next year will be very fruitful and that their business will be stronger than ever.

Expand

Geez man, I think you need to get a hobby to take your mind of this, seems like it is consuming you.

FYI - we are not in a trading halt. We have been delisted and the company's business activities have not halted because of it and yes they can issue new shares

We are not 'listed' on Primary Markets. You should spend some time to understand the announcement and its purpose.

Saying that 'no stock exchange in the world wants to list this company' absolutely is unsubstantiated rubbish. I highly doubt that you have asked even one exchange if this is their opinion.

You have demonstrated that you have little knowledge and understanding of what you are talking about and for that reason this discussion has come to an end. Goodbye.

Oh and one last one, Anomica Brands was never a mining company.

AB1 Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
6 Upvote

1 Great analysis

Reply

Top Stories

NXG

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Is oil undervalued?

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

VMT

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

BOE

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

DVP

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

GRX

GreenX picks up prospective copper project in Germany

MGU

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

VMS

Venture to sniff out high-grade REE targets at Jupiter project, WA

WGX

Westgold sets its sights on top five producer status through merger with Karora

There are more pages in this discussion • 5 more messages in this thread...

First 25 Last

Add AB1 (ASX) to my watchlist