There's a step between 6 and 7. Sell. They are a cash flow business, not investors. The hedge makes it a zero-sum game for Acuity but not for the stock issuer. As I said, the history of Acuity in the ASX is a long and *somethingslanderous road. The stock won't necessarily fall immediately. I'm not here to change your view, just express mine clearly.
Google it yourselves. "Acuity ASX" Look who took the bait then look at the stock performance. (heads up- many changed their ticker name.)
The best outcomes I found was when the Company canceled its Acuity deal. A simple act of due diligence for your money folks. Maybe even ask Acuity for their ASX success stories?
Happy to be wrong because the company has important potential imo. GL
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Last
6.0¢ |
Change
0.001(1.69%) |
Mkt cap ! $26.81M |
Open | High | Low | Value | Volume |
6.0¢ | 6.0¢ | 6.0¢ | $4.23K | 70.49K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1100000 | 5.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 77004 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1100000 | 0.058 |
1 | 125000 | 0.056 |
1 | 200000 | 0.054 |
1 | 250000 | 0.053 |
1 | 80000 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 77004 | 1 |
0.063 | 108556 | 2 |
0.065 | 122500 | 2 |
0.068 | 100000 | 1 |
0.070 | 150189 | 2 |
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