I am hoping (but not optimistic) ACR will do the right thing and let us know how they are tracking. At some stage they are likely to try to promote themselves with a presentation of some sort. If they do not repeat their cash flow positive claim in such a presentation I would think that this can be seen as admitting that the claim is as dodgy as many of us believe it to be.
I would also hope that if they are unlikely to achieve their cash flow positive goal they would update the market. Probably even less likely than actually achieving the goal.
Finally a phone call and a question about whether they still stand by their prediction might get some answer. Also not likely though.
Probably we will have to wait until the next AGM to get the bad news.
All in all my gut says that it’s magical thinking from a desperate management
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I am hoping (but not optimistic) ACR will do the right thing and...
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.747M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.9¢ | $5.562K | 292.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 381825 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 60000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 381825 | 0.019 |
3 | 381800 | 0.018 |
1 | 175000 | 0.017 |
1 | 66732 | 0.015 |
1 | 70000 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 60000 | 2 |
0.021 | 177000 | 1 |
0.022 | 18000 | 1 |
0.023 | 115126 | 4 |
0.024 | 254102 | 7 |
Last trade - 15.04pm 20/06/2025 (20 minute delay) ? |
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ACR (ASX) Chart |