ACR 1.39% 7.1¢ acrux limited

Ann: Acrux Receives FDA Approval - Generic Testosterone Solution, page-36

  1. 539 Posts.
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    I bought in the Part F of the $30,000 worth of shares / 191,000 shares @0.157 the day after the SPP was released, so I am under the assumption i jagged in early to get the allocations at these levels.

    Generic pipeline is a smart strategy as it spits in cashflow moving forward while they work on their own products to FDA approval.
    No need for reliance on R&D incentives and leftover cash reserves or CR to keep the company moving forward if the generics is providing the basis of cashflow to cover costings.

    I really enjoy the new strategy and seems there is more education in the direction of ACR.

    Last edited by Invest23: 18/01/21
 
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