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08/04/20

17:21

Post #: 43955646
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Originally posted by Value_Hunter: ↑

Its pretty clear that this stock now offers very good to excellent value.

equally clear is that we are in a crash environment, and lots of highly leveraged co's will either go broke, or be recapitalised.

while the Federal Govt is yet to come out with a real strategy (aka longer term infra spending to drive recovery in employement etc etc), it will be forced to at some point (aka "new deal" in the USA post the depression).

equally obvious - is the ability of the company to "manage" the price of clinker/cement versus that A$. they will also get a benefit from gold price throu lime sales.

no-one knows where the bottom is - but there is now enough of a discount to start accumulating

all imho

rgds
Value_Hunter

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good shot mate!

ABC Price at posting: $2.17 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $3.18		Change 0.005(0.16%)		Mkt cap ! $2.080B

Open	High	Low	Value	Volume
$3.17	$3.18	$3.17	$133.9K	42.22K

Buyers (Bids)

No.	Vol.	Price($)
9	1189093	$3.17

Sellers (Offers)

Price($)	Vol.	No.
$3.18	229928	49

View Market Depth

No.	Vol.	Price($)
9	1189093	3.170
20	2337643	3.160
12	2944605	3.150
3	4070	3.140
4	379020	3.120

Price($)	Vol.	No.
3.180	229928	49
3.190	120208	18
3.200	142877	16
3.210	21464	6
3.240	3799	4

Last trade - 11.21am 09/05/2024 (20 minute delay)


Last $3.18			Change 0.005 ( 0.16 %)
Open	High		Low	Volume
$3.17	$3.18		$3.17	33252
Last updated 11.26am 09/05/2024 ?

ABC (ASX) Chart

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