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4.9¢ abx group limited

Ann: Half Yearly Report and Accounts, page-25

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plough

33,408 Posts.

1729

30/09/21

14:01

Post #: 56467112
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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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agree with you on the REE - why they are even considering such a small resource potential, beats me
What keeps me in this is the technology for converting dross to a salable product , they potentially have the holy grail with that .

ABX Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.9¢		Change 0.000(0.00%)		Mkt cap ! $12.25M

Open	High	Low	Value	Volume
4.8¢	4.9¢	4.8¢	$768	15.77K

Buyers (Bids)

No.	Vol.	Price($)
3	220429	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	50000	1

View Market Depth

No.	Vol.	Price($)
3	220429	0.048
1	21522	0.046
2	224246	0.045
4	30005	0.044
1	24385	0.041

Price($)	Vol.	No.
0.050	50000	1
0.051	59627	2
0.052	458401	4
0.054	200000	1
0.056	82700	1

Last trade - 13.05pm 17/06/2024 (20 minute delay)

ABX (ASX) Chart

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