Looks like a repeat of DCN -
(i) announcement that things are not quite as good as expected
(ii) market overreacts, price collapses and share price overshoots
(iii) directors make strong buys
(iv) market realises share price overreacted ... and
(v) in the case of DCN, share prices shoots back up to 3 times the price the directors were buying at. That would be about 18 to 21c here, if the pattern repeated.
I would repeat my comment from an earlier posting that APAC saw the company worth around 30c per share WITHOUT Nifty.
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 (20min delay)
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Last
54.3¢ |
Change
0.008(1.40%) |
Mkt cap ! $485.2M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 55.0¢ | 53.5¢ | $2.278M | 4.220M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 267305 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.5¢ | 56820 | 4 |
View Market Depth
| Last trade - 12.19pm 26/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |