It seems that some punters haven't realised that the recent ann. is bad news for ABI shareholders. The company has been saying for some time that CVT will be acheived in May (Indeed, this has been the main driver for the SP rise since the capital raising). The 2-3 month delay points to further technical difficulties. I don't see a 'bounce' happening until ABI has unambiguously shown that it has a commercially viable technology. In the absence of CVT, further falls are likely.
ABI Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
