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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a view on the axiron competition from seekinga, page-4
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.548M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 351996 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 358041 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 216996 | 0.016 |
4 | 945382 | 0.015 |
3 | 391428 | 0.014 |
3 | 389550 | 0.013 |
1 | 80000 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 358041 | 1 |
0.018 | 475000 | 2 |
0.019 | 146993 | 2 |
0.020 | 847795 | 7 |
0.021 | 122699 | 1 |
Last trade - 16.21pm 08/08/2025 (20 minute delay) ? |
ACR (ASX) Chart |
Day chart unavailable