Ann: Acrux receives $1.73m advance on FY25 R&D Tax Incentive, page-21

  1. 17,775 Posts.
    lightbulb Created with Sketch. 1561
    The amount of money spent on staff isn't good for the return.
    The value of addressable markets seems preposterously low except for the hormonal mist.
    The newly released nitroglyycerin ointment is a very niche market but I think it would sell in huge amounts in San Francisco
    provided it isn't stolen off the shelves first.
    The cost of doing business here is a killer for their balance sheet which is certainly not balanced. The next 3 months will tell whether it hands
    like a gang plank on an old merchant vessel or it becomes a see saw ride on the ASX. All i can say is good luck.
 
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