The responsibility of the board is to show stability right now to the institutional investment market. They will be the driver of any share price improvements for the next few months.
Stability is also an issue for short selling this stock so there is still much of that position to be moved through the system. It is a shame they had nothing solid to offer in relation to leasing Livingstone but that will move the needle if it comes to pass.
Not really that much downside here so that is a plus (if you are long).
I have not heard if the new 'Rural' Super Fund has shown any interest in AAC but it would have to come up on the radar of that type of institutional.
The responsibility of the board is to show stability right now...
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Last
$1.38 |
Change
-0.020(1.43%) |
Mkt cap ! $852.9M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.37 | $290.7K | 209.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 82812 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 2730 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| AAC (ASX) Chart |
