To be fair, this isn't an accurate characterisation. ACR's "farm" is more like its IP, its human capital and its lab. The royalties are the fruits of its farm. So bringing these royalties forward by selling them, may be quite reasonable. That is, as long as it got an adequate price for them.
Ann: Gedeon Richter buyout Lenzetto Royalties for EUR4.1million, page-14
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Last
6.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.44M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32722 | 6.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.4¢ | 50000 | 1 |
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| Last trade - 11.45am 11/07/2024 (20 minute delay) ? |
| ACR (ASX) Chart |
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