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
0.000(0.00%) |
Mkt cap ! $7.366M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 883823 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 500697 | 1 |
View Market Depth
| Last trade - 16.21pm 30/07/2025 (20 minute delay) ? |
| ACR (ASX) Chart |
Day chart unavailable