Pre-consolidation, ABU has had a history of reaching several peaks in the 2.8c to 3.8c range and then falling back to the 2.0c to 2.4c range. Which of course was great for professional punters who were playing those highs and lows.
The question for potential investors now is, what will ABU's new low range be? Will it be 38c to 40c? Or will it go lower? Whilst ABU has the potential of a much higher sp in the future, and 40c appears to be a good buy in price, there are those who are holding out for 35c or lower.
The question is, what will ABU's post-consolidation low range be? Or are we seeing it now?
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