It may be underpriced however that is not stopping a trader from manipulating the price this morning. After it hit $0.38 he sold some of his own shares at a low volume and price to force the price down so he could then buy a larger volume. The price went up to 38 cents on reasonable volume but came back down with 3 trades of approx 3,000 piddly shares. Amazing how easy it is to manipulate shares on the ASX with such tiny orders. But it seems to work every time, some people are really gullible.
AQR Price at posting:
34.5¢ Sentiment: Hold Disclosure: Held