Perspectec launched coverage of ACB on October 2, 2018. Our SELL rating with a $5 price target was reached on November 13, 2019 with a price return of 139%.
Two years after our sell initiation, the real price was down 1,383%.
Note ACB has undergone a 12-to-1 share consolidation in December 2020 and a 10-to-1 consolidation earlier in 2024.