Club Mulgoa

Saturday, July 07, 2012

ABU

Even with the POG up during late last week, the share price was languishing below 3.8c.  On Friday, it climbed to 4.4c.  Unfortunately, on Monday, it will fall again as the POG took a tumble on Friday overseas market.  Hence ABU will stumble again.  This is one stock that can keep making good announcements about its discoveries but the market will hammer it!  The market wants big unexpected pleasant surprises, not just good grades, shallowness or thickness of the finds.

I last topped up in mid May 2012 at 3.9c.  Time to look at it again if there is a plunge on Monday.

0 Comments:

Post a Comment

<< Home