This was clearly a classic pump and dump operation complicated further by the Aussies dragging it down on their exchange every night.
looks like your beloved abrax (AXAS) has gone down over the last 30 days having basically gone sideways and then down. i guess you are just frustrated, huh?
I would be frustrated if AXAS traded on the pinks.
EV of 450m$ on PV10 of 600m$
expected ebitda of 115m $
does not sound to me like pump&dump
By the way, I never said this was a bad company, they have great possibilities. I just said what we saw the last couple of days was a pump and dump.
It cycled from being in the 20 cent range to about 60 cents and back down to 36 cents now............all within a couple day period. That my friend was a pump followed by a dump.
you don't even make sense. LOL
two different exchanges and two different stock symbols
You are obviously new to trading, otherwise you would realize that the Mother stock LNR on the Aussie exchange will pretty much dictate where this will trade in the U.S. the next day on the penny stock pink sheets.