AFSE.OB experienced above-average volume today as over 25,000 shares traded. The stock closed at $1.25, which is a 52.44% increase above yesterday’s closing price and an all-time high for the past two months.
The company recently uplisted to the OTCBB board in order to increase its liquidity in the market, increase shareholder value, and make its common stock more attractive to possible ethanol plant acquisition targets. The uplisting is also expected to increase its attractiveness to money managers looking for a pure play in the ethanol market.
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