ABO - something brewing?

[ABuzz]

Yesterday was biggest volume day in over a year and at 11.59 there was a trade of 7 million shares. I definitely think something is happening which we haven't heard about yet. what do you guys think?

[Marno_1]

Movement on this share above 2c will be appreciated by quite a few people on this forum. I was one of the fools that bought shares in ABO 1 and a half years back.

[Captain_Kidd]

I also bought about ayear and half ago, and would deffinitly like some movement above 3c

[ABuzz]

Me too, hence why I am watching it with such interest. I thought they were going forward when they started opening retail tile outlets, but then they closed their Cape Town one, so yes, some movement to 3c and above would be welcomed by many I'm sure!

[Clembo]

I think you guys are dreaming! Get your 1c back if you can as soon as you can. That horse is dead, just no one has noticed.

[ABuzz]

Find it strange that someone would spend R 140 000 on a dead horse.

[Clembo]

It's possible that 'insiders' (Directors, ground floor investors with millions of shares) are just passing insignificant parcels of shares around at 2c to give the illusion that 2c is a true value and 3c is just over the horizon! These parcels of 1m or 1.5m shares are only costing R20000-R30000 a shot (and maybe they just go backwards and forwards amongst the same 'insiders' - most of the transactions have a similar size) which is a reasonable investment if you are desperately trying to prop up a shareholding of millions of units that are actually worth nothing!

[ABuzz]

Clembo - an interesting concept, but Directors haven't traded their shares since Oct 2005, so it must be other investors.

[Taurus]

Abuzz surely you not on off those that think that directors are the only insiders??

[ABuzz]

No, I'm not, but Clembo's explanation seems to suggest Directors could be the cause, obviously it isn't them.

[Clembo]

their wives, sons, daughters, dentists, plumbers, suppliers etc

[ABuzz]

Thanks Clembo - point taken

[Penny_Pincher]

46m traded today. Can it really be "alive"?

[Taurus]

Clembo most off the time is best to keep quite when you not so clever....as you wap wap wap the shares goes up and up...rather spend your time getting into the flow off things.

[ABuzz]

Nearly 50 million today so far - I hate to say it, but I told you something was brewing.

[ABuzz]

Biggest Volume day ever in the history of this share, so where's the SENS???

[#17]

Strange very strange

[Taurus]

ABuzz the sooner we all relize that we are just small fish in a very big see the better..take AWT...price has moved from 3c to 23c in 2 weeks with no sense....many big fish became rich very quickly.

[#19]

Thank you ABO ..... My 1 and a half year wait has paid off.... I got my lunch money back ..... lol

[ABuzz]

Hey Taurus - I am happy to be a small fish in a big sea, especially when the fishermen are fishing at prices like these. Let's hope it can go the same way as AWT.