ACR 3.57% 5.4¢ acrux limited

Here's what Mor gans had to say pre-release... Short term...

  1. 494 Posts.
    Here's what Mor gans had to say pre-release...

    Short term trading opportunity
    Investors with a short term view can consider trading ACR into the expected
    stronger quarterly result. ACR’s share price has been volatile over the last 12
    months with concerns around the use of testosterone and issues relating to
    heart conditions being reviewed by the regulator. No conclusive evidence has
    been reported to support these claims and regulators will make
    recommendations in the future. We have upgraded our recommendation to
    Hold from Reduce. The upside risk to our price target is the continuing
    weakness in the Australian dollar and stabilisation of script volumes. The
    downside risk is continued uncertainty surrounding the clinical risks being
    reviewed by the regulators.
 
watchlist Created with Sketch. Add ACR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.