A piddling little stock but......might be worth having a look over at APL.
Its a compnent of the ITF maze and must wonder why Futuris / ITF / etc would see value in maintaining this as a seperate listing when there is bugger all free float and the one holder who didn't want to stay (ie the Trustee for the creditors when APL went to the wall thanks to the Commonwealth Bank) has today filed notice that they are no longer a substantial holder.
The market has known the Trustee has been a seller since he filed a substantial holder notice a month or two back. Doesn't mean he is out of stock but does mean he is getting close and not likely to hold a few just for posterity.
Support around NTA at 21c has been consistent for four months. One for the watchlist at least and worth some research maybe.
Cheers,
APL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)