There has been a bit of profit taking in the small cap market over the past few weeks. Now, I know that ACX is no longer small cap, but depending on when the big boys bought it, they may regard it is small cap, so, IMO, one reason for the selling pressure could be this portfolio re balancing by the institutions..
Sometimes Mr Market gets it wrong, you this as an opportunity to increase your holding.
HT1
ACX Price at posting:
$5.35 Sentiment: Buy Disclosure: Held