Abaxx Technologies Inc N.ABXX

Alternate Symbol(s): ABXXF

Technology Software - Application

Abaxx Technologies Inc. is a Canada-based financial software and market infrastructure company. The Company is developing and deploying software tools that make communication, trade, and transactions secure. The Company has launched Abaxx Commodity Futures Exchange and Clearinghouse, regulated by the Monetary Authority of Singapore, to support trading and risk management with physically settled benchmark futures contracts in the commodity markets at the center of the energy transition to a low-carbon emissions economy. Its products include Abaxx Verifier, Abaxx Drive, Abaxx Messenger, Abaxx Exchange, Abaxx Clearing and Abaxx Infrastructure. The Company is also focused on building Smarter Markets, which allow tools, benchmarks and technology to drive market-based solutions to challenges, including climate change and the energy transition. The Abaxx Verifier is a secure password, identity and verification application.

NEO:ABXX - Post by User

Abaxx Technologies Inc > New Press Release - Abaxx Technologies Announces Share Consolidation

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Comment by Jethro980on May 19, 2023 5:02pm

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Post# 35457193

RE:RE:RE:New Press Release - Abaxx Technologies Announces Share Consolidation

Obviously I hope you are right but I don't buy the reasons. Abaxx should have been able to appreciate based on the model Re the development of the Singapore exchange, on its own merits. I see 2 outcomes here 1.lower price in the short term and 2. Offering of shares in market ( most probable reason for consolidation. Further eroding present holder values. I'm long as I got portion of my shares from The Labrador iron play so will be holding but because I've never ever seen be if it's from consolidations I will believe it when I see it.

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