Has anyone noticed ACF has had a following from the shorters starting early August & per shortman reached 972,258 August 13th.
Appears their timing was a little early, but September appears to working their way.
3 Days ago healthy volumes pushed ACF back to 88cents, somewhat short of the recent 92 cent peak, also somewhat below brokers expectations.
What's motivating the shorters all of a sudden? fundamentals, Govt. Cap.Ex wind backs?
What new business might ACF be picking up at present?
The August 14th release "FY23 Preliminary Final Results" tends to support growth projectory towards analyst expectations!?
ACF - Always Count on Framework, page-360
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Last
$1.14 |
Change
-0.025(2.16%) |
Mkt cap ! $335.1M | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.17 | $1.14 | $514.4K | 446.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 6713 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.14 | 4700 | 6 |
View Market Depth
| Last trade - 14.53pm 29/05/2024 (20 minute delay) ? |
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Last
$1.15 |
Change
-0.025 ( 1.29 %) |
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| Open | High | Low | Volume | ||
| $1.16 | $1.16 | $1.14 | 55022 | ||
| Last updated 15.11pm 29/05/2024 ? | |||||
| ACF (ASX) Chart |