What a difference a day makes - down 30% in a blink and shorters out in force.
Closed a bad day yesterday with a closing adjustment 1.5c below the LTP at 4pm and today on the open that was followed up with two 50k trades on the sell side, so that looks like a marauding hedge fund. I would love to know how that closing adjustment arose as it set up the further fall today.
Only thing keeping us out of the 60's today is a strong lead from the US.
I guess that's the way the shorts go; kick you when you're down, so important now not to panic, but follow your head.
I think it is bad form that for a company that basically invests in a US stock that reports quarterly to only report semi annually. Also, as we have a single product, ACR management should be updating the market more regularly.
Without that information, the market assumes the worst and the SP gets battered.
Who cares?
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.957M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 187500 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 358041 | 1 |
View Market Depth
| Last trade - 09.59am 07/08/2025 (20 minute delay) ? |
| ACR (ASX) Chart |
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