Cashincline
ABU may be a poor investment but it is a "spec" stock, you can't compare it to investing in the banks which are "blue chip".
It is recommended that all investors in the stock market have a "balanced" portfolio of stocks and a range of stocks to reduce the risks of making a loss.
As a "spec" stock ABU has the potential for its sp to rise 300%+, but there is also a significant risk that it won't.
For the banks to rise 300%+, you'll be waiting a long time, but you will receive a dividend and you can rest assured that you probably won't lose money in these stocks.
Other "spec" stocks have outperformed ABU over the last 2 years, but there are others which have performed much worse. That is the nature of investing in a spec stock.
Advisors will tell you that ABU should never be the main holding in a portfolio in terms of dollars invested. But the rewards may be huge if ABU's sp does take off!
In my portfolio I receive dividends from my blue chip stocks, and I hold 2 other spec stocks for the short term.
Spreading the risk and having some "rock solid" blue chip stocks keeps my portfolio in positive territory.
But, I am very confident that ABU will do well in the long term and I am holding out for a sp of at least 7.5c+.
Go ABU!
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $7.937M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $541 | 269.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 59600137 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 105207093 | 45 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 59600137 | 0.002 |
59 | 146867949 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 99707820 | 44 |
0.004 | 18032005 | 17 |
0.005 | 3992123 | 6 |
0.006 | 3100002 | 4 |
0.007 | 4884000 | 5 |
Last trade - 15.59pm 15/11/2024 (20 minute delay) ? |
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