I'm looking for a price of $2 on ACX the mongrels are salivating all over it and I foresee they'll decimate it down to the start of its May '15 run. Not based on anything other than the tendency for Market Caps of that size to be put through the ringer, so just a mild interest from me. Haven't looked at the company in any detail.
Meanwhile in calm Slater land we have gone through all that scavenging and now patiently wait for the orderly rise.
I can't say it is nice but it makes a refreshing change to see a number of other stocks going through the mincer the past couple of months. Some of them considered market darlings as SGH once was.
For those that take an interest in studying market dynamics there is plenty of raw material to work with on the ASX.
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