Am thinking the same thing - if a takeover announcement comes with a trading halt (total speculation), there will be a shorts bloodbath. This is a hope and not an assertion.
If I did not already have a position, I would buy some (speculative), but this stock has done my head in. It is the only dog in my portfolio. I am up a tiny bit (was up a lot in the past), but it has come at expensive opportunity cost and I have no clue as to what management is doing - I really bought the abattoir story (construction) and thought it was a good idea - showed me how little I understand agri stocks and their capital intensity. I was mesmerised by the whole China/beef angle and did not use my usual detached approach.
Bullish for AAC, page-67
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Last
$1.38 |
Change
0.020(1.47%) |
Mkt cap ! $831.8M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.40 | $1.36 | $360.0K | 262.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 150000 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 18176 | 3 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| AAC (ASX) Chart |