I guess it's a case of the emperor's clothes.
Everybody knew that gold shares got smacked down way too far, but were reluctant to buy when nobody else was buying. Now that some of the big boys have declared that the emperor has no clothes on everybody is willing to agree.
All of us on the ABU thread here on HC also knew that it was almost irrational for ABU to be trading at 2.2 / 2.3 cents. Even at today's prices I reckon that ABU is still cheap.
We have 3 things to look forward to in the near future I reckon.
1) A re-rating of gold stock from absurdly low valuations.
2) Info from the company about the amount of gold left in
the mill.
3) Anticipated granting of a mining licence. This will be
the biggie in my opinion.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.235M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $500 | 250K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 570000 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 25637389 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 570000 | 0.002 |
17 | 74790488 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 25637389 | 23 |
0.004 | 5788859 | 6 |
0.005 | 889000 | 1 |
0.006 | 166666 | 1 |
0.010 | 540000 | 1 |
Last trade - 10.50am 13/09/2024 (20 minute delay) ? |
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