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Bullboard - Stock Discussion Forum Abaxx Technologies Inc N.ABXX

Alternate Symbol(s):  ABXXF

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... see more

NEO:ABXX - Post Discussion

Abaxx Technologies Inc > ABBXF float
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Post by ibexeyes on Jan 26, 2021 5:40pm

ABBXF float

Don't fret. The ONLY way ABXXF can get a public float is for some of the "angels to sell. They didn't do an IPO or a secondary so ALL of the stock is either owned by them or the insiders. It wouldn't trade at all if some of the angels (the only ones currently allowed to sell) didn't rid themselves of a few shares. There needs to be a decent float for it to trade robustly.
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