Forum Topics ACE ACE Sell Decision

Pinned straw:

Added 2 months ago

Whilst the new US deal is good and widens the long term growth potential at the top end of the range and whilst I haven't updated my model yet, noting my val probably lifts a lot closer to $2m, the chart is parabolic short term so I have punched a few shares out to manage that risk.

SudMav
Added 2 months ago

I agree with you there - I also have a sell order in place IRL to trim back a little if the price makes it up to $2 with all the recent price action.

The short term wins and successes are great for the long term, however I think the additional upfront expenses to fabricate the cameras/equipment for the recent contract wins will weigh negatively on their H1 results.

Still bullish on their overall trajectory longer term, and might look to add a little if the price pulls back a little

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