PRX 20.0% 0.3¢ prodigy gold nl

Ann: Trading Halt, page-90

  1. 494 Posts.
    Too big to fail needs to be thrown out the window, the US gov needs to make an example of Goldman, also HSBC and Morgan Stanley like they did with Meryl Lynch at the start of the GFC, then break up the rest of the banks.

    What has the world come to with nations having economic control wrestled from them and being dictated to by big business, this is a recipe for mainstream parties going out of favour and the rise of attractive not so extreme extremism as has happened in Greece and is happening in Spain.

    RE ABU share price

    With the negative sentiment in general for Gold over the last couple of years, the sector is a magnet for short sellers.

    ABU Share price today is 21.5c (offer price .22c)

    I guess share holders who need to sell shares to take the offer, day after the record date are selling, plus possible big institution short sellers trying to keep the price down with the low volume and all, to delay the time they will lose the shirt off of their back, maybe they actually believe ABU share price will go down, once they go into production in approx. 6 weeks, with ore 5 times the average open pit grade with gold bearing ore at surface.

    Shares are under written so it is futile, ABU have a good record of low cash burn (in exploration phase), the plant being used is already proven and was little used during operation, but had 97% recovery during operation.

    Get out while you can short sellers! you wont be able to manipulate the price much longer.

    Anyone else noticed the past patterns of little end of day after hours trades, that pull the price back for each new day, and the constant often little sell trades that try to pull the price back during the day. It can only be pro trades as little guys wont pay the trading fees that would otherwise mount up for lots of little trades.
 
watchlist Created with Sketch. Add PRX (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.001(20.0%)
Mkt cap ! $6.353M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $300 100K

Buyers (Bids)

No. Vol. Price($)
23 10521362 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 21024699 18
View Market Depth
Last trade - 14.31pm 05/07/2024 (20 minute delay) ?
PRX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.