ACR
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4.62% 6.2¢ acrux limited

acrux started at buy, target a$3.60 by nomura, page-3

  1. squawk
    126 Posts.
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    14/12/11
    17:40
    Post #: 9440225
    Aggie

    Nomura stockbroking research has started covering the Acrux stock for the first time.
    I don't have their report but Dow Jones newswires says Nomura rates ACR as a buy with a price target of $3.60

    (this is more than 20% above the current price)


    re my own comment about AUD/USD, as the AUD has comeoff a lot lately the AUD value(to you and me) of our USD axiron sales royalties and i think milestone payments, goes up a lot too. this should ultimately flow through to AUD share price.


    good luck all
    ACR Price at posting: $2.95 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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