ACR acrux limited
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If we exclude the royalties from Axiron ($7.3M), cash from...

  1. DBrent15
    907 Posts.
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    16/08/18
    16:52
    Post #: 34981262
    If we exclude the royalties from Axiron ($7.3M), cash from operations would have been -12.5m. With 28m in cash and assuming some modest increase in expenses and small increase in royalties from Lenzetto, Acrux could have around 2 years to commercialise their pipeline without seeking new equity.

    The risk/reward is good for me.

    DYOR
    ACR Price at posting: 21.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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1.9¢ 		Change
0.000(0.00%) 		Mkt cap ! $7.747M
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