ACR 4.55% 6.3¢ acrux limited

get ready for blastoff, page-8

  1. 483 Posts.
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    Gravitational force is holding ACR back. Too much stock looking for the approval as a liquidity event.

    I reckon the stock will drift down while the liquidity re-normalizes, then run-up again in anticipation of the dividend.

    Then sell-off again.....

    Just a view I though I'd share.

    I'm a long term holder - waiting for the broader market to appreciate the ACR business model. Recurring revenue with little COGS and CAPEX should command a very low yield. Happy to leave the irons in the fire until Axiron sales-$$, and the flow-on dividend become real.
 
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Last
6.3¢
Change
-0.003(4.55%)
Mkt cap ! $18.31M
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6.5¢ 6.5¢ 6.2¢ $3.496K 54.39K

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No. Vol. Price($)
2 75166 6.0¢
 

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Price($) Vol. No.
6.3¢ 14538 1
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
ACR (ASX) Chart
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