Gravitational force is holding ACR back. Too much stock looking for the approval as a liquidity event.
I reckon the stock will drift down while the liquidity re-normalizes, then run-up again in anticipation of the dividend.
Then sell-off again.....
Just a view I though I'd share.
I'm a long term holder - waiting for the broader market to appreciate the ACR business model. Recurring revenue with little COGS and CAPEX should command a very low yield. Happy to leave the irons in the fire until Axiron sales-$$, and the flow-on dividend become real.
get ready for blastoff, page-8
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ACR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
6.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.89M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3903 | 6.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.4¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
| ACR (ASX) Chart |
Day chart unavailable