I got sick of seeing "the sp is holding up well" as the thread subject! Because it aint holding up well!
Whilst the Chuk vs Vendor debate has been a curious sideline to our serious investing in ABU, the sp has tanked disastrously for investors!
I posted on March the 9th about many gold experts and investors predicting a significant fall in the price of gold, with some of the biggest investors getting out around the $1580 mark.
Some members of the forum disagreed with these sentiments, but gold has taken a hammering in recent weeks and is still falling!
The question now is predicting as close as possible ABU's bottom sp??? I am gearing up to purchase more shares in ABU when its sp stops falling, but when will that be?
As far as ABU the company is going, nothing's changed. It is still a well managed, well cashed up company, with great gold deposits and trial mining to begin very soon.
I believe that at 3c ABU is a great buy for the longer term, but the sp may still fall further?
Go ABU!
a good company oversold?
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.353M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $525 | 175K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 27348360 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 16751194 | 20 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PRX (ASX) Chart |