All Australian index isn't really followed that much - certainly not in comparison to the ASX200 and the ASX300 - or even the small ords. Canaccord cut their price target from 1.25 to 0.95 on the back of the FDA briefing information.
Extract:
It also worth remembering that of the 6 brokers of which I'm aware that cover it, the recommendations are:
Column 1 Column 2 Column 3 Column 4 1 Firm Recommendation Tgt Px Date 2 Canaccord Genuity Corp sell 0.95 09/05/14 3 Bell Potter buy 2.26 08/29/14 4 Macquarie underperform 0.65 08/25/14 5 BBY Limited underperform 0.79 08/22/14 6 Wilson HTM Investment Group sell 1.06 08/22/14 7 Morgans Financial Limited reduce 1.22 08/21/14
In other words, apart from that the MIGHTY house of Chas Aitken, there is no target price anywhere near here.
It has previously doubled on the back of a short squeeze, but even given that down 20% does seems a lot for one day, especially when the FDA briefing came out yesterday....
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acrux limited
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $6.524M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $3.711K | 220.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 329402 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 252359 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 329402 | 0.016 |
6 | 1259314 | 0.015 |
3 | 420000 | 0.014 |
2 | 397000 | 0.013 |
1 | 80000 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 252359 | 2 |
0.019 | 682161 | 4 |
0.020 | 50000 | 1 |
0.021 | 203466 | 1 |
0.022 | 118000 | 2 |
Last trade - 15.57pm 30/06/2025 (20 minute delay) ? |
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