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Ann: Acrux Receives FDA Approval - Generic Testosterone Solution, page-77

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MarsC

4,302 Posts.

467

13/07/21

17:22

Post #: 54474142
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Originally posted by mwilson25: ↑

It seems reasonable to me to now conclude that the approval of dossiers is not having the intended impact on the sp that I assumed that they would

Since the sp is as low now as pre the approvals, one can only assume that the market has already anticipated that the approvals are on track and the current valuation includes the value of the approved dossiers. Weird, but there you have it.

By extension the sp will not likely move if any further approvals are achieved - only fall if the approvals do not materialise.

So one might ask what will cause the sp to rise? Perhaps the only thing the market will value is a positive response when the drugs hit the market and presumably as the dollars roll in. I suspect we are in for another long wait.

Shite!

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Yes profits move the dial. That's how it usually works.

ACR Price at posting: 13.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 4.4¢		Change 0.000(0.00%)		Mkt cap ! $12.79M

Open	High	Low	Value	Volume
4.4¢	4.4¢	4.4¢	$2.451K	55.71K

Buyers (Bids)

No.	Vol.	Price($)
5	61314	4.4¢

Sellers (Offers)

Price($)	Vol.	No.
4.5¢	20000	1

View Market Depth

No.	Vol.	Price($)
5	61314	0.044
2	547000	0.043
2	94414	0.041
3	322500	0.040
1	120000	0.039

Price($)	Vol.	No.
0.045	20000	1
0.046	10000	1
0.047	24318	1
0.048	144500	4
0.049	120000	1

Last trade - 14.13pm 18/11/2024 (20 minute delay)

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