I really like the concept and execution thus far by the company, the share price just continues to confound me. Its a bit like NWZ except these guys are burning through less cash.
I have bought in a couple of times in the past, but not had the confidence to hold for more than a short period of time as it keeps retracing! The recent spike to over 17c was perhaps a bit out of the to high to fast, but I received an alert today about ACU trading below 9c which amazed me.
Will keep an eye on ACU and hopefully for existing holders, once the major holders who are exiting finish their offloading the share price will recover. The fundamentals have only improved over the last few months so the share price should at very least be flat, or going up I would have thought!
ACU Price at posting:
9.0¢ Sentiment: None Disclosure: Not Held
