don't think any credible analyst would put a 40c valuation on this... you would have to believe that the Axiron sales were going to zero over the next few years!
Here's the list of active coverage (As at today) - Macquarie seem to have dropped off - i suspect they are not covering anymore after their short clientele left the building...
Column 1
Column 2
Column 3
Column 4
0
Research Contributor
Analyst
Target Price
1
2
APP Securities Pty Ltd.
Anderson, Gordon
0.60 AUD
3
Bell Potter Securities Ltd.
-
NA
4
Canaccord Genuity
Smith Ph.D., Matthijs
0.80 AUD
5
Morgans Financial Limited
Power, Scott
0.79 AUD
6
Wilson HTM Ltd.
Storey Ph.D., Shane A.
0.75 AUD
ACR Price at posting:
79.5¢ Sentiment: Buy Disclosure: Held
