Looking good today, support now forming up around 5.4 cents with any weakness being dissolved.
Is anyone really concerned about dilution? I heard that story a million times before, same was said about SDL when it was trading at 6 cents back in the day, yet that moved on up to 80 cents with no concern despite the billions of shares on issue.
This will be pumping before you know it. With the extra $28 million in working capital it's going to be full steam ahead for ABM's aggressive exploration. Once they confirm upgraded JORC it will be game on.
I'm calling just a little more consolidation around this area until market absorbs the transfer, maybe re-test the depth at 5.4 but downside is minimal and looking like we may have our higher low. If you bought yesterday you probably picked the bottom.
At the end of the day putting the T/A aside, nothing beats a good story and ABM has a cracker story. Saddle up partners.
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Mkt cap ! $4.235M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $846 | 423.0K |
Buyers (Bids)
No. | Vol. | Price($) |
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21 | 74523422 | 0.1¢ |
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Price($) | Vol. | No. |
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0.2¢ | 4181933 | 2 |
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No. | Vol. | Price($) |
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20 | 74490488 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.002 | 4181933 | 2 |
0.003 | 18699556 | 17 |
0.004 | 2644000 | 4 |
0.005 | 889000 | 1 |
0.010 | 1240000 | 2 |
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