AAC Clyde Space (ACCMF)

[Nuttyswinger]

Nice to see some US investors finding this company. It has been listed at Nasdaq First North in Stockholm, Sweden since 2016 and as you say recently moved into a second listing at OTCQB.

The trading volume at OTCQB is still low, but seen some bigger single trades done with about ~300k shares.

The average volume in Stockholm has been between 2-11M shares per day last week. The ESA/UK Space Agency order lit a fire under the stock but its currently held back by what seems to be two of the investors who participated in the private placement one month ago.

The stock price in the PP was 2,7SEK (0,32USD) and they are now selling at ~2,80SEK (0,33usd). The Swedish shareholders are counting down and waiting for the sellers to run of stocks to sell, then the stock can start making it way up where it belongs.

Two analyst follows the company.

Edison Research (International) and Penser Access (Swedish), both has a target price around 4-5SEK (0,47-0,59USD). I think they will up that number at the next update as they will include the value of the transformational ESA/UK Space Agency order.