Australia's largest stock trading and investment forum Australia's #1 stock forum

AB1

0.00%

18.0¢ abarta resources limited

Typical Hot copper ramper post. Tell the eager masses what they...

First 59 Last

Share
Profile

Follow
nobaggage

557 Posts.

70

08/03/18

17:42

Post #: 31627762
Share

Originally posted by Creaturemagic ↑

You're being overly pessimistic toward a company that has $1.3+ million announced revenue, plus has just released a Casino game and a Cryptocurrency game, with Star Stable also coming soon. Quarterly revenue should be $3mil+ and will hopefully make us cash flow positive. Stop trying to get in a few pips lower and just get on the train Alan. I'd hate for you to miss out seeing as you spend a lot of free time on AB1 threads.

The beta is likely a method of ensuring both CryptoKitties and the larger Ethereum market don't grind to a holt. You can't just open such a volatile and sensitive market up to billions of new players and hope for the best. This 5000 player beta will allow the Ethereum and CryptoKitties markets to steadily adjust to the new investments and new money being poured in. Then they can scale it to the larger Asian population as they make adjustments to infastructure and the market gets accustomed to the new buyers.

I was crunching some more numbers last night and while you can never predict the market and it can sometimes make no sense, I could easily see through my research last night, that AB1 could/should be valued at $1 per share if this quarterly is as I expect.

Expand

Typical Hot copper ramper post.
Tell the eager masses what they want to hear and all the thumbs-up follow as if that will make it happen .
I'll be asking you where the $1 share price is after the quarterly.

AB1 Price at posting: 7.4¢ Sentiment: Hold Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

NRX

Noronex joins forces with South32 to look for copper in Namibia

Talking Australia's very competitive property landscape: Realty Talks

EVN

Evolution shares up 3% on quarterly results for June showing rise in gold production

AI stocks: What to expect in 2024-25

FMG

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI