swimming against the tide, page-11

  1. 2,526 Posts.
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    Mita,

    "Not gaining market share as expected" was used to apply to any company in those circumstances.

    The LIC analysts first predicted a fall in the ACR share price & were shorting well before the share price hit $4.77.

    They may have experienced some short term pain but were proved right in the longer term.

    At some stage a competitor could emerge with a superior product or the patent (I presume they have one) expires & others could market a generic product at a reduced price.

    What then happens to the share price?

    Companies who have one major product are susceptible to the above.
 
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Last
1.7¢
Change
0.001(6.25%)
Mkt cap ! $6.957M
Open High Low Value Volume
1.7¢ 1.7¢ 1.7¢ $3.128K 183.9K

Buyers (Bids)

No. Vol. Price($)
7 763928 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 401009 1
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Last trade - 14.13pm 01/08/2025 (20 minute delay) ?
ACR (ASX) Chart
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