ABY 1.03% 96.0¢ adore beauty group limited

Nope a hope in hell will this get past the post. Indians can be...

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  1. 4,695 Posts.
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    Nope a hope in hell will this get past the post. Indians can be foolish BUT they're not stupid.
    Why would you trade a company like ABY for inflated script like MLX.
    You have to be joking.
    ABY has more than $55 million in the bank , plus the sale of Mt Gordon of $5 million and return of environmental bond of $41.7 million. TOTAL $100 million plus
    Even with the jump today to 25 cents, ABY is only worth $78 million. PLUS It will have more money in the bank than the T/O price.
    Maybe ABY directors will start to divvy up some of the money to stop the likes of MLX smelling the roses.
    ABY is worth 90 cents/share min. What is ABY worth if Cu returns to US$4/lb ++
    ABY will then be worth closer to $2 /$3 share.
    A bare minimum would be to Offer $0.30c cash ( is divvying up the cash in the bank) plus the 1 for 5 offer would be acceptable.
    I do agree that MLX management would do a far better that the current Indian clowns who are operating the Nifty mine.
    Last edited by rocket973: 16/10/15
 
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Last
96.0¢
Change
-0.010(1.03%)
Mkt cap ! $96.30M
Open High Low Value Volume
98.0¢ 98.0¢ 91.5¢ $53.41K 55.84K

Buyers (Bids)

No. Vol. Price($)
2 2597 96.0¢
 

Sellers (Offers)

Price($) Vol. No.
$1.00 5585 3
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
ABY (ASX) Chart
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