As found in "The Bull". Go half way down the article.
Simon Hermann, wise-owl.com
http://www.thebull.com.au/premium/a/58757-18-share-tips---14-march-2016.html
This is what he said about Acrux:
"Sales in 2015 of its flagship product Axiron, a testosterone replacement therapy, missed our expectations. We believe future sales may not meet our targets. We advised to sell in 2015 and retain our advice. While ACR may present a speculative opportunity, we would want to see more encouraging data and a technical reversal of its stock before upgrading our view."
I should not be bashing this stock. I wish I could think of a counter positive argument. As @mwilson25 said: what are the management saying? Actually what are they doing? Can anyone can anything that will counter what Simon Hermann. I do not want "Simon is a complete $#@$#@$" or "Simon is an absolute genius, etc etc". He is a professional and he is entitled to promote his opinion. I just want a positive counter argument.
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Sell Recommendation by Simon Herrmann, wise-owl.com
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.957M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 187500 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 358041 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 187500 | 0.016 |
6 | 1195382 | 0.015 |
3 | 391428 | 0.014 |
3 | 389550 | 0.013 |
1 | 80000 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 358041 | 1 |
0.018 | 790901 | 3 |
0.019 | 146993 | 2 |
0.020 | 447795 | 6 |
0.021 | 122699 | 1 |
Last trade - 09.59am 07/08/2025 (20 minute delay) ? |
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ACR (ASX) Chart |
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