Chuk,
ABU is now the cheapest and best gold explorer in Australia with the largest and best ground of any other gold explorer is Australia.
The current selling is not large wrt the overall market cap of ABU but in the absence of buyers in the current global climate the sellers are enough to drive the price down.
The current MC in my view is supported by OP alone.The current buyers are getting ABU at a bargain basement price and as you point out sellers most probably doing so at a loss.
I would love to know who the sellers are.
Is anyone on HC aware of any sellers in the last couple of weeks?? This would shed some light on what is happening.
In the meantime Darren and co are getting on with their job of finding gold for us and doing an excellent job.
Keep up the good work Darren.
ABU will ultimately be recognized by the market and the SP will adjust upward accordingly.
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $4.236M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $61 | 30.72K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 22520981 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 22637290 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 22420981 | 0.002 |
24 | 93502098 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 22637290 | 25 |
0.004 | 12927563 | 16 |
0.005 | 3438264 | 8 |
0.006 | 2860001 | 6 |
0.007 | 600000 | 2 |
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