Any holder who has held this stock over a number of years since it was ABM, will have realized it was constantly diluted until there were around $4 Billion shares. The company then decided it was time to consolidate the shares to a much lesser amount, this resulted in another big loss for the share holder.
Interesting that after consolidation the comparative price to pre consolidation should have been somewhere around the equivalent of $1.75c per share.
Well here we are sitting on a stock now hovering in the 5c range with the company giving regular permission to constantly fund raise and dilute to the maximum amount allowed. Perhaps eventually heading towards such an amount that another consolidation may not be out of the question.
All this done while gold prices offer the best ever profit margins, sadly the fund raisers seem to offer little forward motion apart from an healthy balance to cover admin and directors costs and fees.
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Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $6.353M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $2.106K | 702K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 23188615 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 17701854 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 23088615 | 0.002 |
24 | 73283714 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 17701854 | 22 |
0.004 | 12376192 | 17 |
0.005 | 5995870 | 10 |
0.006 | 2966667 | 6 |
0.007 | 7700000 | 4 |
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