Seems to me that AAC has effectively diffused the threat of FCL selling them out to a foreign predator. By doing the Tipperary shuffle AAC now has on its register a like-minded Australian-based investor, and has lessened the potential impact that a disinterested FCL could have on AAC's future. Any predator looking to take all of AAC will likely be discouraged now that there is a solid blocker holding 19.9%.
All we need now is for a group of institutions - where are the super funds putting that cash that keeps rolling in? - to nibble away at FCL's remaining holding of AAC.
A positive outcome for AAC IMO.
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Last
$1.40 |
Change
-0.025(1.75%) |
Mkt cap ! $843.8M |
Open | High | Low | Value | Volume |
$1.42 | $1.42 | $1.39 | $197.4K | 140.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1432 | $1.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.42 | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 5000 | 1.380 |
6 | 2820 | 1.375 |
3 | 4149 | 1.370 |
2 | 65000 | 1.365 |
4 | 16933 | 1.360 |
Price($) | Vol. | No. |
---|---|---|
1.420 | 10000 | 1 |
1.425 | 10000 | 1 |
1.440 | 34252 | 2 |
1.460 | 23328 | 3 |
1.465 | 7000 | 1 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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Frazer Bourchier, Director, President and CEO
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