Roy2U - gr8 summary and comment. I tend to agree with you. However I believe that there are a few factors at play here from market perspective which IMO has hindered the SP: 1) IMO the gr8est factor is the perceived lack of ANNs or progress reporting regarding other projects from management. Is this a "one trick pony" so as to speak; 2) the apparent lack of enthusiasm in marketing the company/its projects; 3) the stock is a gr8 one to play with by traders. It appears volatile for whatever reason (make your own conclusions on this one) and has rapid swings between $3.30ish to $4. So when price is high and driven down the history is there for it to go back up - good move by traders for fairly worry free profits (tax free). In the main and IMO only if there was more communication with SHs as to other pipeline projects etc this may well result in gr8er faith in the company. As far as where it has gone - a known factor - BUT where the ship is being steered to at the moment well..... make your own mind up as the market appears to have.
ACR Price at posting:
$3.37 Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)