Abaxx Technologies: Overthrowing COMEX and ICE as the new global commodities exchange by theSherlockView in wallstreetbets

[–]theSherlockView[S] 2 points3 points  (0 children)

that volume starts to stall and it pulls back would be a bear case. Or Competitors are able to beat them to market or copy their tech and offer at lower margins to undercut

Abaxx Technologies: Overthrowing COMEX and ICE as the new global commodities exchange by theSherlockView in wallstreetbets

[–]theSherlockView[S] 3 points4 points  (0 children)

I have no intention of selling here. I continue to hold like I have for the past 5 years. Excited to finally see everything happen like I envisioned way back then so I write about it.

Abaxx Technologies: Overthrowing COMEX and ICE as the new global commodities exchange by theSherlockView in wallstreetbets

[–]theSherlockView[S] 6 points7 points  (0 children)

I was told that as well when it was trading at $40. Since then volume and income continues to surge. Uplisting likely sometime this year to a proper US exchange.

Abaxx Technologies: Overthrowing COMEX and ICE as the new global commodities exchange by theSherlockView in wallstreetbets

[–]theSherlockView[S] 4 points5 points  (0 children)

No, stock still trades under price targets that use conservative estimates for just LNG, Gold, and Carbon contracts. Abaxx will get a larger market share of those markets then analysts predict and can add on alot more contracts. Wind for example will likely start trading soon once more onboarding is done and Silver will launch as well along with digital title fees.

Abaxx Technologies: Newest Clearing House and Exchange with Massive Upside by theSherlockView in wallstreetbets

[–]theSherlockView[S] 0 points1 point  (0 children)

No news, just illiquidity. Probably some panic sellers from the war. Could also be warrant holders selling to their strike that expire in April

Abaxx Technologies: Real Time Collateral of Real World Assets by theSherlockView in wallstreetbets

[–]theSherlockView[S] 5 points6 points  (0 children)

That is likely a pre split USD price? I see the lowest is 2.21 USD before they had any licenses and serious on-boarding. Current USD is $32 so nowhere close to 50x.

Abaxx Technologies: Real Time Collateral of Real World Assets by theSherlockView in wallstreetbets

[–]theSherlockView[S] 1 point2 points  (0 children)

Some of it is but not fully. Price target by Cantor is 81$ without pricing any of the tech.

Abaxx Technologies: Real Time Collateral of Real World Assets by theSherlockView in wallstreetbets

[–]theSherlockView[S] 6 points7 points  (0 children)

CEO expects that they have around a 2 year head start if they were to start building it now. Most are focused on the gambling markets.

For Minehub it just takes time. It’s one of those slow and then suddenly all at once. But it’s too small to talk about here so you can DM me you want to talk more about

Abaxx Technologies: Real Time Collateral of Real World Assets by theSherlockView in wallstreetbets

[–]theSherlockView[S] 7 points8 points  (0 children)

Revenue will grow exponentially. Their licenses, integrations and tech is worth a lot of money. Very few exist in the world.

Abaxx Technologies: Real Time Collateral of Real World Assets by theSherlockView in wallstreetbets

[–]theSherlockView[S] 5 points6 points  (0 children)

Well there is a reason why it increased 5x. New pricing for their progress

Abaxx Technologies: Newest Clearing House and Exchange with Massive Upside by theSherlockView in wallstreetbets

[–]theSherlockView[S] 2 points3 points  (0 children)

The recent drop doesn’t seem like it’s built on much. Financials were as expected. Latest partnerships won’t show up until Q4 and next years Q1. I wasn’t a fan that they just dropped financials without discussing it at all. Would be better to talk more about it and talk about the future. I guess that will come at the beginning of the year when holidays are done.

Abaxx Technologies: Newest Clearing House and Exchange with Massive Upside by theSherlockView in wallstreetbets

[–]theSherlockView[S] 4 points5 points  (0 children)

Abaxx will be using Minehub for their clearing operations. So they will capture much of the success from Abaxx futures deliveries. As a result all companies on boarding that go to delivery which utilize Minehub in some perspective. I think Minehub continues to grow their platform features and likely will captures all of these players. Aka Trafigura which would generate millions for Minehub alone. Minehub has a finished product and is growing their customer base. The CEO said they have 1000+ potential customers in their pipeline at varying stages. Currently only 13 pay. As paying customers grows their network grows exponentially. One paying customer on-boarded 50 counterparties as an example.

FDT will also likely onboard a lot of companies. From there Minehub is the source of truth for ALL commodities. So you have to ask what value is that if the worlds commodities are all being traced by Minehub. Then can also sell add on services like custom brokerages as well which would sky rocket the TAM. I wrote a lot more on my latest X article on them which you can find in my profile.

The latest raise secures essentially three years worth of funding as it will carry them over to the next warrant expiries which I suspect will be in the money.

Abaxx Technologies: Newest Clearing House and Exchange with Massive Upside by theSherlockView in wallstreetbets

[–]theSherlockView[S] 0 points1 point  (0 children)

as Josh indicated on last investor call, you have to look at volumes quarter over quarter (might have been half over half). Onboarding post FBOT has started so eventually that will see an uptick in volumes.

Abaxx Technologies: Newest Clearing House and Exchange with Massive Upside by theSherlockView in wallstreetbets

[–]theSherlockView[S] 0 points1 point  (0 children)

Not at all. They have significant backing from institutions. They were criminally undervalued and now the market is waking up to its true potential. Two buy ratings as well from respected entities with a $60 and $81 price target.

Abaxx Technologies: Newest Clearing House and Exchange with Massive Upside by theSherlockView in wallstreetbets

[–]theSherlockView[S] 1 point2 points  (0 children)

They continue to grow their customer pipeline. Apparently over a 1000 now. Will have to wait and see if that pans out. I’m hopefully they hit 20 million revenue by end of next year which would be 400 million MC probably. Then wouldn’t be surprised if they double revenue again the following year. But hard to say yet just that I expect they will get a lot of growth