AB1 0.00% 18.0¢ abarta resources limited

Why doesn't it go up?, page-4

  1. 1,437 Posts.
    lightbulb Created with Sketch. 1165
    Alan has no inside information, so his guess is as good as anyone's. This also means, however, when he says things like 'Cryptokitties is still awhile away,' he is speaking unsubstantiated rubbish.

    Crytokitties is certainly a nice addition to our portfolio, however, with AB1's older titles and their newer CDK release, plus the Casino resort, the 'coming soon' Star Stable Run and their Masterchef titles (one expected in 2018), the smaller beta release of Cryptokitties is unlikely to deter investors. The company is making millions in revenue without Cryptokitties, and as I've outlined many times, this proven revenue means AB1 is grossly undervalued when compared to most of the rest of the small-cap market. Don't fear, there is insane value in this share.

    The current trading could be many things, often in smaller shares a few investors sell on news, which leads to a decline in the weeks following said news. I've followed a few micros in my time, and more often than not, after a series of good announcements and very little positive action, the share price just suddenly shoots up. Or a final announcement signals the icing on the cake and everyone jumps aboard.

    Hard to know when this will happen for AB1, but with the quarterly not far away, we could see some really nice movement before and after the stellar quarterly they must have in store!
 
watchlist Created with Sketch. Add AB1 (ASX) to my watchlist

Currently unlisted public company.

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