ACR acrux limited
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ACR - UBS predicted deletion on close -8m. 3xADVI'm assuming ADV...

  1. mita
    494 Posts.
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    30/05/14
    08:32
    Post #: 13435858
    ACR - UBS predicted deletion on close -8m. 3xADV

    I'm assuming ADV - stand for average daily volume. so if our friends at UBS are right we could see c. 8m shares hit the market as a result of the expected S&P index decision...

    Also note - UBS is one of the main shorters in ACR... putting 1 and 1 together i suspect that they will be jumping 'all in' heading up to the Friday 6 S&P announcement :-)

    ACR Price at posting: 87.0¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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