Get @Joe Blow to merge it in the old ABR thread for continuity? Same company, just raised cash (heaps) ; looking like it will eventually fall off the ASX, would be my guessFrom the ABR thread.
(American Pacific Borate now not quoted)
Sounds like a plan.Get @Joe Blow to merge it in the old ABR thread for continuity? Same company, just raised cash (heaps) ; looking like it will eventually fall off the ASX, would be my guess
Lack of local interest? Has happened with others; hard to justify listing here if low turnover, no broker interest, etc.In what manner would it fall off the ASX?
Move to the US?
On 01 October 2021, American Pacific Borates Limited (ABR) announced its proposal to seek Shareholder approval of a scheme of arrangement under which the Company will redomicile from Australia to the United States. This will occur through 5E Advanced Materials, Inc. (a newly formed company incorporated in the State of Delaware) becoming the new holding company of ABR and the parent company of the ABR Group
Some interest today, not bad at all for a name change?Lack of local interest?
Dodged a bullet here? Bought with the expensive broker where they don't have stop loss on phone app.Coin flipped, tails never fails...
Have nibbled on $2.50, set a tight 7% stop loss ($2.33), which is also 5% off today's low (figures approximate).
Appears to have filled the gap, bounced off a bottom.Hoping it fills the gap so I can have another stab at it.
Seems to have bottomed fairly predictably.Looks like it's finally hit the bottom though. Likely to gap up on that US chart price action.
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