Slogger,
Shorters do not just short any stock.
They perceive a fundamental weakness in a stock before attacking the share price.
Just remember BBY's target price is $2.14 & the LIC shorting ACR has a target price of $1.50.
Competition & discounting will mean profit on projected revenue levels will be less than originally expected.
As previously mentioned, I am a former shareholder.
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $7.339M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $11.58K | 619.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 335415 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 516258 | 1 |
View Market Depth
| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| ACR (ASX) Chart |