ACR 5.45% 5.8¢ acrux limited

re: Ann: New Drug Application for AXIRON acce... emmjay - i also...

  1. 366 Posts.
    re: Ann: New Drug Application for AXIRON acce... emmjay - i also got in with half my holding at 50c but I see that as a total anomaly and one that is symptomatic of the problem. $1.50-$2 was a fair price for the company before the news based on the speculative nature and the what, $1 float price?

    Now we have blue skies for ACR and a clear path forward for actual cash in the bank, almost a no brainer with most analysts putting approval at 90-95%. If the next $150m comes rolling in the P/B ration will be 1:1, since they have about $80m in assets today.
 
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