AB1 abarta resources limited

Even if they relist, this will be a difficult situation.Sellers...

  1. 269 Posts.
    lightbulb Created with Sketch. 50
    Even if they relist, this will be a difficult situation.

    Sellers dont want to sell under 18-20 Cent
    Buyers dont want to spend more than 10-12 Cent

    Considering that this has already a low Volume, this could lead indeed to a special situation.
    There is even more bad news for a relisting:
    There might be many desperate sellers which could bring a dramatic price drop.
    And this could lead to a domino effect that other holders getting in panic and sell too.

    The only solution is that Animoca must relist with a incredible news at the same time.
    But looking at the development of NFT Tokens, Blockchain Implementation in Gaming and the low quality of their products like the F1 Game and the Quidd App, i dont see incredible news yet and in the Future.

    I dont think that the Sandbox can compensate all the other products to let the shares rise.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.