I am not so sure about that yellowcake but I do believe AAC will come under sustained selling pressure from institutional investors and other retail investors who have moral and ethical concerns about this practice. Institutional investors, in particular, will not want their brand damaged by being associated with this company and practice. Ultimately, the company will have to accept and change it's business model in regards to exporting to countries such as Indonesia but as the CEO seems totally oblivious to there being an problem I can't see things changing anytime soon.
note - I have substantially reduced my holding, this morning, and change my sentiment to Sell.
I am not so sure about that yellowcake but I do believe AAC will...
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Last
$1.46 |
Change
0.055(3.93%) |
Mkt cap ! $877.0M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.47 | $1.40 | $955.3K | 660.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 8144 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AAC (ASX) Chart |