Because the main business path (it would appear) has been for instant profit for a few insiders. They have gone into producing shares for "sophisticated investors" to be immediately flooded back on the market at a piddling .001c or better profit (4% + minimum per a days outlay) NOW all genuine investors are DILUTED and there a SO MANY SHARES (and options) that even if they were allowed to mine the Perth Mint, the shares would still be worth next to nothing.
Lassiters' reef being processed would not keep up the 2.4 cents price, only hype, rumours, more hype, and "day traders".
ABU Price at posting:
2.5¢ Sentiment: None Disclosure: Held
