ABAXX Revisited I almost hate to post here, for fear of sounding like a penny stock pumper. I posted a while ago about ABAXX opening a new commodities exchange based in Singapore. At the time they were a long way from securing the necessary approvals, so it was easy to discount the post as a pipe dream. ABAXX has now received the necessary approvals and intends to start trading Nickel Sulphate and LNG this quarter. Lithium, precious metals and carbon credits will follow. The listing will move to the new CBOE exchange in the near future after they start generating revenue. Currently they trade only on the OTC and the Canadian Venture exchange. I think if you dig into what the company is about or listen to the conference call, you will see that that ABAXX is seeking to reshape the commodity trading markets and therefore the company extremely applicable to the content tracked on this board.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.