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.
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $6.524M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.5¢ | $19.90K | 1.210M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 463664 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 320000 | 2 |
View Market Depth
| Last trade - 15.56pm 25/06/2025 (20 minute delay) ? |
| ACR (ASX) Chart |