I am a new investor to the market, and am quite young. I essentially came to ABU as I have only limited amounts of funds unlike most investors whom are much older, passed University or are higher up salary wise so I wanted to find high risk and high reward shares to build a foundation for a safer portfolio in the future. ABU in my opinion had reached a double support I think at the time of 0.021, progressing into production, and everything was in the positive side of the stock, but being new to the market I didn't realise the extent of large quantity of available shares would have on the SP.
Since this date i've traded and failed miserably a few times so realistically while I have invested in at 0.021 through loss of trading (which is a learning experience so it is not wasted) is probably around 0.025. I understand that ABU is high risk which I do not believe so, as the only thing left to do is obtain a ML, which is a 100% guarantee as I said before, as no Australian government have prevented a gold mining lease going through. I found ABU originally through searching for explorers turning into producers with large potential, ABU fit the bill.
I don't understand about buybacks or consolidations and the effect these will have on the SP. Or whether I will make or lose money in regards to these though, nor the actual potential ABU has once a ML is issued.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.350M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $20.04K | 10.02M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 10143257 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 52974092 | 37 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 8671000 | 0.002 |
54 | 218281310 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 51374092 | 36 |
0.004 | 2530000 | 5 |
0.005 | 2269053 | 4 |
0.006 | 50000 | 1 |
0.008 | 3926371 | 1 |
Last trade - 09.59am 11/07/2025 (20 minute delay) ? |
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VIRIDIS MINING AND MINERALS LIMITED
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