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4.9¢ abx group limited

This company is very poor at selling our bauxite in my view. It...

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09/09/21

16:27

Post #: 55951909
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Originally posted by Large Portions: ↑

Completely different scenario's, but sure .... sometimes the sharemarket can throw up weird and irrational share price changes.

The long term problem here is the Company has found bauxite and is now a producer..... but it is either incapable or unable to make any decent sales. There has been bauxite shortages many years ago but again ABX was unable to capitalise.

We Shareholders all want these guys to sell some bauxite and upset that it is not happening.

The supply and demand argument only works if the Company is willing and able to make sales when the demand is high.....

GLTH

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This company is very poor at selling our bauxite in my view. It is hard to remember the last time they ever sold anything. And what will they sell now there is a global bauxite shortage ? Probably nothing.

ABX Price at posting: 13.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 4.9¢		Change 0.000(0.00%)		Mkt cap ! $12.25M

Open	High	Low	Value	Volume
4.8¢	4.9¢	4.8¢	$768	15.77K

Buyers (Bids)

No.	Vol.	Price($)
3	220429	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	50000	1

View Market Depth

No.	Vol.	Price($)
3	220429	0.048
1	21522	0.046
2	224246	0.045
4	30005	0.044
1	24385	0.041

Price($)	Vol.	No.
0.050	50000	1
0.051	59627	2
0.052	458401	4
0.054	200000	1
0.056	82700	1

Last trade - 13.05pm 17/06/2024 (20 minute delay)

ABX (ASX) Chart

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