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0.00% 6.7¢ acrux limited

Ann: Acrux announces court ruling on Axiron patent families-ACR.AX, page-10

  1. mita
    494 Posts.
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    23/08/16
    12:42
    Post #: 18608130
    yep - terrible outcome.... but the market is way overreacting. Axiron will die a slow death but will have a few years left in it yet. But does mean that management better hurry up with that new pipeline that have been promising forever now!!!

    Worst case - on a salvage basis Dec15 account it has c. 25 cents per share... base on the results on Thursdays it could be almost 30c per share
    ACR Price at posting: 45.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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