ACR 1.39% 7.3¢ acrux limited

in it for the distribution... but maybe more?, page-2

  1. 188 Posts.
    lightbulb Created with Sketch. 5
    Good summary

    Personally i think that the share price will drop 80 to 100 percent (or more) of the dividend price as the market always seems to overcorrect. However i think this will be short lived followed by a significant bounce back.

    Expect market share achieved by axiron to surprise on the up side. Imagine you had the choice of using a sticky gel vs a spray on deoderant what would you choose?

    So my thoughts are collect the dividend wait for the bounce back then following good market share results get the $4-$7 takeover mentioned in another post. I certainly won't be selling post dividend.

    Good luck to all holders whatever you choose.

 
watchlist Created with Sketch. Add ACR (ASX) to my watchlist
(20min delay)
Last
7.3¢
Change
0.001(1.39%)
Mkt cap ! $21.22M
Open High Low Value Volume
7.1¢ 7.3¢ 7.1¢ $9.252K 127.8K

Buyers (Bids)

No. Vol. Price($)
1 75344 7.2¢
 

Sellers (Offers)

Price($) Vol. No.
7.3¢ 15232 1
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
ACR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.