ABX 0.00% 4.7¢ abx group limited

As a long time observer of this moribund stock awaiting signs of...

  1. 2,942 Posts.
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    As a long time observer of this moribund stock awaiting signs of it becoming worth a punt, I have to agree with the general attitude towards management. The only comment I'd have, is to ask; what management? There isn't any from what I see. With a company that has well placed,high quality resources, of a mineral facing increasing high demand, the lack of sales or other moves to monetise the venture, indicates a lethargy in motivation, and lack of entrepreneurial spirit. I can't see the situation changing, without moves to stir the BoDs into action.
    I don't know what the shareholding profile is, but it seems to me a share holders action group is needed. To call for an EGM where pertinent questions can be asked or to instigate the three strike rule. Another ['theoretical?] strategy would be for shareholders to get together and make a take over offer. I know all the above is easy to say but hard to do but it has been done before, I believe[NKP?]. Seems to me something needs to done to protect your investments otherwise, its going to be the same old, same old ad infinitum,I feel.

    donnybrook
 
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Last
4.7¢
Change
0.000(0.00%)
Mkt cap ! $11.75M
Open High Low Value Volume
4.6¢ 4.7¢ 4.6¢ $3.289K 70.98K

Buyers (Bids)

No. Vol. Price($)
2 162733 4.6¢
 

Sellers (Offers)

Price($) Vol. No.
4.7¢ 72873 1
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Last trade - 15.43pm 28/06/2024 (20 minute delay) ?
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