The shares from the capital raising aren't even trading yet. Only expected to commence trading 4/12. When some of the sophisticated investors who were expecting a stag profit, decide to try and cut their losses, we could see sub-20c ...
Also, we still don't know what Noble will be paying for its 50% of production. No guarantee that its economic for ABX if there's further decline in commodity prices ...
Ann: ABX $3.75M Placement Completed., page-8
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 (20min delay)
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Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.50M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12000 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 17892 | 2 |
View Market Depth
| Last trade - 10.00am 18/11/2024 (20 minute delay) ? |
| ABX (ASX) Chart |
Day chart unavailable