Yest finally saw the removal of stock overhang that had been compressing stock at 1.10 on decent volume. stock was v well bid for and 1.10/15 will be solid now for push through 1.40. for restest 1.75. FY 09/10 is a company making year with strong news flow as seen by recent announcements. Overhang prevented stock price rally to reflect this news flow, should see stock play catch up to better reflect these announcements. Rally should then have further legs to reflect strength of upcoming newsflow also. all up a great buy.
ACR Price at posting:
$1.20 Sentiment: LT Buy Disclosure: Held
