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 Originally Posted by JBmurc
ACB now being pushed down to 20c= 40mill Mrktcap geez talk about low value given though major tax-loss selling pressure on one of the World's major new U308 discoveries which will be worth so much more later in the year .. If I had any spare cash ACB would be on the shopping list along with KRE
261m/lbs JORC now, ACB is certainly looking the most undervalued U308 company on the ASX, crazy - ACB started 2011 @ 58c!
Was one of my 5 ASX picks the wost performer of the 5
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Originally Posted by shasta
261m/lbs JORC now, ACB is certainly looking the most undervalued U308 company on the ASX, crazy - ACB started 2011 @ 58c!
Was one of my 5 ASX picks the wost performer of the 5
IMHO from 30c down it's really been the indiscriminate tax loss selling pressure that should sub-side in later this month much like it has done prevoius years expect a bounce back to the 30's in july/aug
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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Originally Posted by JBmurc
IMHO from 30c down it's really been the indiscriminate tax loss selling pressure that should sub-side in later this month much like it has done prevoius years expect a bounce back to the 30's in july/aug
yep looks like its going to plan now if only I had got my fill at 18c......
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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ACB now at 34.5c @#$@@$!!!******
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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Member
hey guys,
any thoughts on whether acb will push past 40c this year? or do u see it hovering around the 30's for a while?
cheers,
graham
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Originally Posted by biology12
hey guys,
any thoughts on whether acb will push past 40c this year? or do u see it hovering around the 30's for a while?
cheers,
graham
ACB started the year @ 58c with a JORC 158m/lbs resource, it now has a 261m/lb JORC resource & is @ 34.5c.
Clearly the whole uranim sector has crashed after the Japan earthquake, tsunami & nuclear fallout, as well as the U308 spot price dropping off.
In saying that ACB does look "cheap" in comparison to other JORC uranium advanced explorers, so when demand/spot prices rise ACB should follow suit.
40c is not unrealistic at all, but to see 58c again will take a while to get back there
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Member
hey shasta,
thanks for the reply. yeah im thinking that as well. i bought after they dropped hopefully the price of u308 goes up but am more than willing to hold till the end of the year to see what pans out.
any extra info or analysis would be great to the thread
graham
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Member
nice article
heres hoping it still plays a major factor for a while! at least till it gets to 68c!
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Originally Posted by biology12
nice article
heres hoping it still plays a major factor for a while! at least till it gets to 68c!
ACB closed @ 35.5c been a while since it was this high, & some good gains for those brave enough to catch the bounce from 20c!
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Member
arh as we are speaking shes losing her ground for the day, all gd tho, still just going to wait and hold on to it.
hey shasta do u use the trasding platform of asb or another one? just trying to minimise the costs here and ther?
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