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5.5¢ acrux limited

Ann: Acrux generic strategy and Axiron patent litigation update-ACR.AX, page-23

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JohnL888

194 Posts.

42

12/07/16

11:04

Post #: 18247880
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Originally posted by JohnL888 ↑

Earning guidance adds to the degree of certainty. You wonder why Acr is trading at P/E of 8.5 whereas its industry peers are at 16.5. Acr has continuously paid good dividends for many years, yet the market still has doubts to earnings. Just look at the trading patterns in the 3 months leading up to each axiron sales update, at update annoucement, and after that. Follows the same pattern every time and Acr's share price never get anywhere.

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Previously, maybe the market has doubts whether there is a growth component to Acr. But with the last announcement, at least now the market has some information on the growth component to Acr.

ACR Price at posting: 74.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.5¢		Change -0.001(1.79%)		Mkt cap ! $15.98M

Open	High	Low	Value	Volume
5.5¢	5.5¢	5.5¢	$3.097K	56.31K

Buyers (Bids)

No.	Vol.	Price($)
1	20000	5.4¢

Sellers (Offers)

Price($)	Vol.	No.
5.5¢	5000	1

View Market Depth

No.	Vol.	Price($)
1	20000	0.054
2	168800	0.053
1	16012	0.052
1	10000	0.051
4	737490	0.050

Price($)	Vol.	No.
0.055	5000	1
0.056	185000	2
0.059	225945	1
0.060	423988	3
0.061	100000	1

Last trade - 13.06pm 10/09/2024 (20 minute delay)

ACR (ASX) Chart