Yr Post was very well received on 21st Feb. when the SP was $ 1.15 then by the next day solid buying in excess of 4 Million shares traded which helped drive the price up to$1.28 - since then a gradual erosion of the SP to today's level - back to $1.15!
Was the enthusiasm justified?, are profit takers driving the SP direction purely because they are can & may well have bought somewhat lower?
I notice Morgan's have a price target as of March 1st somewhat above its recent peak!
So is it fundamentals driving the SP direction OR just games being played OR is there some head-winds that might clip ACF progression in these economic times that only the sellers know?
Ann: Acrow reports another period of Record Financial Results, page-10
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Last
$1.11 |
Change
0.025(2.31%) |
Mkt cap ! $336.8M | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.11 | $1.07 | $300.8K | 277.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3312 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 2397 | 2 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| ACF (ASX) Chart |