I agree Alice, I predicted sometime ago that it would take Acorn until the end of November to finish slowly selling out and I think as you suggest, they're done or close to it.
Understandably buyers are very weary and I think selling will come again at .24 and .25 from retail who have bought recently at low .20s and who will be keen to take a quick profit and not get caught holding for too long.
History shows that this is not a stock that creeps up slowly but moves rapidly on positive news. It has been damaged by a combination of what I see as poor management decisions, suppressed metal prices and insto selling.
All IMHO
I agree Alice, I predicted sometime ago that it would take Acorn...
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $77.69M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.6¢ | $240.3K | 14.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 13277228 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 3503915 | 6 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| BTR (ASX) Chart |