Time frames in this sector can stretch out for a very long time....

  1. 232 Posts.
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    Time frames in this sector can stretch out for a very long time. Look at CUV. When this company was floated over 1n 2001 I think the time frame for product to market was only 3 or 4 years and the then CEO was paid $225k. Fourteen years later and the company has finally got the product to market but only for a limited condition and is still not cash flow positive and the current CEO is paid over $1 million.

    In the case of ACR the company is profitable pays a great dividend and the CEO is not grossly overpaid. I see no reason why with another good quarter of sales though Lilly that we should not see $1 within a short period of time. I have recently been a buyer at these levels.
 
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(20min delay)
Last
1.9¢
Change
0.000(0.00%)
Mkt cap ! $7.747M
Open High Low Value Volume
1.9¢ 1.9¢ 1.9¢ $5.562K 292.7K

Buyers (Bids)

No. Vol. Price($)
4 381825 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 60000 2
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Last trade - 15.04pm 20/06/2025 (20 minute delay) ?
ACR (ASX) Chart
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