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I bought this stock mainly at 14 cents all the way to 23 cents...

  1. 72 Posts.
    I bought this stock mainly at 14 cents all the way to 23 cents on the basis that the valuation of the stock was around 80 cents and that there were Chinese buyers lurking. Nothing has changed! If we value ACS assets using several valutation methods the stock is worth 80 cents. Two brokering firms has confirmed this. Also ACS has stated in their AGM that there are Chinese buyers lurging with an outcome by year end. So the only concern right now was that if we had a "Cystal Ball" we could of sold the stock at 46cents and bought it now for 31 cents. However, we are forgetting if the stock had of risen to say 35cents and stabilised at todays value no one would be anxious right now. I never believed in being a market timer because the reality is no-one really knows how high and how low it can fluctuate. What we do know is that ACS still has a value of 80 cents and there are still Chinese buyers lurking. So simply put ACS at 46cents or 31cents is a good buy and this is what we can rely upon rather than short term price movements based on peoples emotional buy/sell behaviours. As I said nothing has changed.
 
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(20min delay)
Last
0.6¢
Change
0.000(0.00%)
Mkt cap ! $2.937M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 1080000 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 50000 1
View Market Depth
Last trade - 16.21pm 15/09/2025 (20 minute delay) ?
ACS (ASX) Chart
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