ACR acrux limited
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Allan Gray has started to sell, which means that there is a 15%...

  1. shumsta
    1,002 Posts.
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    27/08/16
    19:42
    Post #: 18735561
    Allan Gray has started to sell, which means that there is a 15% overhang that will probably hit the market in the coming weeks and months.

    Even if the stock is undervalued, which I don't think it is, having a 16% shareholder unloading his position means that the SP won't be able to move up.

    I had a bunch of buy orders queued up from 36c, but they have all been cancelled now that I've seen Allan Gray's signal. Perhaps once the stock is in the 20s I might take another look.
    ACR Price at posting: 40.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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1.9¢ 		Change
0.000(0.00%) 		Mkt cap ! $7.747M
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1.9¢ 1.9¢ 1.9¢ $5.562K 292.7K

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No. Vol. Price($)
4 381825 1.9¢
 

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Price($) Vol. No.
2.0¢ 60000 2
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Last trade - 15.04pm 20/06/2025 (20 minute delay) ?
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