ACR acrux limited
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I see value in this stock. Axiron sales in FY16 USD149.3m vs...

  1. DBrent15
    907 Posts.
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    28/07/17
    22:35
    Post #: 26153337
    I see value in this stock.

    Axiron sales in FY16 USD149.3m vs FY17 USD143m which is not materially different. If the patent appeal is successful, I expect sales to maintain at this level and dividends to return. If unsuccessful, we should make up some of the lost sales with our own generic product.
    Cash in the Bank was 32m as at 31 Dec 2016.

    I like the fact Acrux has a commercialized product generating good income to help fund the pipeline of work.
    One thing I don't like about this company (which has been discussed many times) is the poor communication and updates regarding the pipeline!
    ACR Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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1.9¢ 		Change
0.000(0.00%) 		Mkt cap ! $7.747M
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No. Vol. Price($)
6 674564 1.9¢
 

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Price($) Vol. No.
2.0¢ 522500 4
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