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

ABX

Click for more information

0.00%

4.1¢ abx group limited

agree with you on the REE - why they are even considering such a...

First 25 Last

Share
Profile

Follow
plough

34,204 Posts.

1893

30/09/21

14:01

Post #: 56467112
Share

Originally posted by Large Portions ↑

I have held for a long time, and watched the value of ABX shares continue to fall. The SP now seems to be in a band between approx ten and fifteen cents, so trading is probably an ok option for some.

In a nutshell, this is a frustrating stock to hold. In my view this is a lifestyle Company and it would perform much better with new and talented management.

The most frustrating thing by far for me is they have bauxite ready to mine NOW ... and they do very very little in this space.

They have found a small low grade and most likely uncommercial REE sample and... they are off on a tangent .... forgetting about their core business. They have a poor sales record IMO... that about covers it I guess.

You can find the history of the Company Announcements on the ASX website, going back for years. DYOR. You will find the Quarterly Activity reports fascinating in their repitition and lack of real achievements...

GLTH

Expand

agree with you on the REE - why they are even considering such a small resource potential, beats me
What keeps me in this is the technology for converting dross to a salable product , they potentially have the holy grail with that .

ABX Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

OCT

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

Tonight's US CPI data could set the tone for November. What are markets expecting?

ARV

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

ARB

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

IMA

Issues emerging as Australian companies tackle critical minerals challenge

First 25 Last

Add ABX (ASX) to my watchlist

(20min delay)
Last 4.1¢		Change 0.000(0.00%)		Mkt cap ! $10.25M

Open	High	Low	Value	Volume
4.1¢	4.1¢	4.1¢	$976	23.80K

Buyers (Bids)

No.	Vol.	Price($)
2	223261	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
4.4¢	60000	1

View Market Depth

No.	Vol.	Price($)
2	223261	0.041
2	91557	0.040
1	71847	0.039
1	121508	0.038
1	19000	0.037

Price($)	Vol.	No.
0.044	60000	1
0.045	62512	2
0.058	10000	1
0.060	55000	2
0.062	17465	1

Last trade - 12.08pm 10/10/2024 (20 minute delay)

ABX (ASX) Chart

SPONSORED BY