ACR 1.85% 5.3¢ acrux limited

it is almost a perfect timinig to make entry!, page-4

  1. 9,820 Posts.
    lightbulb Created with Sketch. 3497
    I dont agree about inability for stock to lift Elgaes

    The point of some of the earlier analysis is the stock appears oversold on its current earnings fundamentals - with no value implied for the milsetone payments - and not withstanding the issues about fda investigation and testosterone market penetration.

    With the health sector trading at an avg pe multiple in high teens and ACR trading in low teens/ high single digits depending on your assumptions - it should be able to rerate to close some of that discount.

    any re-rating though would be capped by the negative sentiment drivers you mention - unless they are addressed.
 
watchlist Created with Sketch. Add ACR (ASX) to my watchlist
(20min delay)
Last
5.3¢
Change
-0.001(1.85%)
Mkt cap ! $15.40M
Open High Low Value Volume
5.5¢ 5.5¢ 5.3¢ $1.863K 34.80K

Buyers (Bids)

No. Vol. Price($)
1 20000 5.4¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 17258 1
View Market Depth
Last trade - 11.38am 09/10/2024 (20 minute delay) ?
ACR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.