I haven't really researched that scenario yet but what I do know AAC is really stuck in a nowhere zone clinging onto this strong support above $1.20 but not really breaking out above $1.40 which it desperately needs to do to give investors some confidence all is well. AAC really needs a catalyst to go up again as IMO it has been severely oversold out of broader market fear. The Labor party attacking the China Free Trade agreement has not helped too so I am guessing any takeover will happen once there is clarity on that issue and its relation to beef tariffs.
Chinese/directors/Joe Lewis didnt take over AACo yet?, page-2
Add AAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.39 |
Change
0.020(1.46%) |
Mkt cap ! $852.9M | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.39 | $1.36 | $613.8K | 445.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 358 | 1 |
View Market Depth
| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| AAC (ASX) Chart |
