It's just the way the current market is behaving. Lots of...

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DBrent15

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08/06/21

10:30

Post #: 53709159
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Originally posted by MarsC: ↑

Refer to the footnotes in the announcement. This has been well communicated by Acrux for quite a while now, and is pretty central to the current strategy (as it is for anyone in the generic drug business today).

Also, see:
https://en.wikipedia.org/wiki/Drug_Price_Competition_and_Patent_Term_Restoration_Act

"Because the Act also makes clear that filing an ANDA with a paragraph IV certification is an act of patent infringement, the law actually promotes litigation between private parties; the innovator is prompted to commence patent enforcement litigation against the generic infringer, and the generic company is incentivized to file a countersuit to have the patents listed in the Orange Book declared invalid."

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It's just the way the current market is behaving. Lots of newbies with a lack of understanding.
Value will eventually catch up once the FDA approves the outstanding applications and we start getting sales traction post approvals

ACR Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.7¢		Change 0.000(0.00%)		Mkt cap ! $6.931M

Open	High	Low	Value	Volume
1.7¢	1.7¢	1.7¢	$8.531K	501.7K

Buyers (Bids)

No.	Vol.	Price($)
2	304269	1.6¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	552359	3

View Market Depth

No.	Vol.	Price($)
2	304269	0.016
2	266732	0.015
1	70000	0.014
2	397000	0.013
1	80000	0.012

Price($)	Vol.	No.
0.018	552359	3
0.019	677115	3
0.020	650000	2
0.021	203466	1
0.022	118000	2

Last trade - 10.48am 25/06/2025 (20 minute delay)

ACR (ASX) Chart

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