Well, from my viewpoint ABU's sp has held up very well over the last 2 weeks. There have been few sellers. The pressure is coming from the buy side, and there are 211,000 shares on the buy side at 39c. An announcement or two should push the price higher.
If all goes to plan, I can't see how anyone could be "holding too many of the shares". The upside looks compelling. There are stock brokers forecasting 80c+ and I have the belief that a sp of 90c+ is achievable sometime in the next 12 months.
Having said that, there are also other stocks that have the potential to rise 100%+ also. Just look at KGL that has gone from 9c to 40c in a few weeks! It appears to have a potentially HUGE copper, gold and other metals prospect in the NT.
So there are other stocks to keep watching, but ABU looks very good to me and I'm holding on to mine!
Go ABU!
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