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5.3¢ abx group limited

Ann: Half Yearly Report and Accounts, page-24

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Aquarius11

587 Posts.

131

30/09/21

13:56

Post #: 56466942
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Originally posted by Large Portions: ↑

I have held for a long time, and watched the value of ABX shares continue to fall. The SP now seems to be in a band between approx ten and fifteen cents, so trading is probably an ok option for some.

In a nutshell, this is a frustrating stock to hold. In my view this is a lifestyle Company and it would perform much better with new and talented management.

The most frustrating thing by far for me is they have bauxite ready to mine NOW ... and they do very very little in this space.

They have found a small low grade and most likely uncommercial REE sample and... they are off on a tangent .... forgetting about their core business. They have a poor sales record IMO... that about covers it I guess.

You can find the history of the Company Announcements on the ASX website, going back for years. DYOR. You will find the Quarterly Activity reports fascinating in their repitition and lack of real achievements...

GLTH

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ok, thanks Large Portions.
I was thinking this might be a future multi-bagger!
I'll look back further with regards to the bauxite non sales issue, and will probably contact the company for their perspective. I just assumed the Bauxite was the meat an 2 veg of the company.
Thanks for your reply.

ABX Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 5.3¢		Change 0.003(6.00%)		Mkt cap ! $13.25M

Open	High	Low	Value	Volume
5.0¢	5.3¢	5.0¢	$24.53K	487.1K

Buyers (Bids)

No.	Vol.	Price($)
1	146851	5.1¢

Sellers (Offers)

Price($)	Vol.	No.
5.3¢	20535	1

View Market Depth

No.	Vol.	Price($)
1	146851	0.051
1	70000	0.050
1	11000	0.048
1	21064	0.047
1	127624	0.046

Price($)	Vol.	No.
0.053	20535	1
0.055	250000	2
0.058	10000	1
0.059	16665	1
0.060	72956	3

Last trade - 16.10pm 08/07/2024 (20 minute delay)

ABX (ASX) Chart