ACR acrux limited
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re: Ann: Dividend, June 2012 results and Axir... Doesn't help...

  1. GoNuke
    8,915 Posts.
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    24/08/12
    15:15
    Post #: 10619841
    re: Ann: Dividend, June 2012 results and Axir... Doesn't help when you read this..

    "Acrux Limited’s (ASX:ACR) net profit has slumped 87 per cent to $7.4 million in fiscal 2012. However the drug delivery company there will be multiple factors that will drive future growth of royalties for its key product, Axiron. Acrux will pay an unfranked final dividend of 8 cents per share. Shares in Acrux closed 0.52 per cent up yesterday at $3.89."

    http://www.finnewsnetwork.com.au/archives/finance_news_network21485.html

    It will be interesting to see if the monthly uptrend stays in tact.

    The OBV looks like its ticked up strangely. Perhaps truly a lagging indicator? The day ain't over.

    $3.36 was support but now it looks to be going back to $3.30 - $3.31c



    2 Minute chart shows support breaking. I'm just hoping the sp doesn't make new lows.

    Nice big gap to be filled in the future. No doubt it will get filled one day.

    ACR Price at posting: $3.34 Sentiment: Hold Disclosure: Held
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