No one likes to see the SP drops like a stone in the water.
But overall I suspect the current movement in ACR is purely shorting and MQ making money on some remotely related negative news.
In the medical world, nothing is certain - that's another reason why we pay top dollars for them to wrok on human bodies.
The accident happened in Oct 2013, which is 4 months ago. FDA investigation is new but not yet reaches its conclusion. I find it is premature to make the call that the company is only worth $1.80 now.
I find long term ACR is still a good hold. But we may need at least a few months (+ some good news, such as special div and new products) to see the SP recover back to $2.70 level
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $6.524M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.5¢ | $19.90K | 1.210M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 463664 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 320000 | 2 |
View Market Depth
| Last trade - 15.56pm 25/06/2025 (20 minute delay) ? |
| ACR (ASX) Chart |