ABUNDANT PRODUCE LIMITED (ASX:ABT) - Abundant Produce IPO, 17587326, page-3 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

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Tombeau

3 Posts.

23/04/16

19:37

Post #: 17587326
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Originally posted by Juke77 ↑

i have applied for 15,000 shares. I invest in selected agriculture related companies ( RFF, RHL ) and i think this one has a medium to long term good story. So 3-5 years is my timeline for these type of stocks. Along the way i will buy more if they do capital raising for a good purpose.

Often they open trading pretty weak, and it seems it takes weeks/months for the market to wake up to the potential. So you do need to be patient. They pay no dividends for 1-2 years so it is a capital gain investment in the short term, but some of these are the blue chips of the future and will replace companies that are mature and have no growth prospects ( most of the top 50 ).

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ABT Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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