What is the point of ACR making a profit & not paying a...

  1. 2,463 Posts.
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    What is the point of ACR making a profit & not paying a dividend?

    They say that they will put the proceeds into putting new products into the pipeline.

    The management is so poor that they will most likely squander the money & use it to pay their own salaries.

    Axiron will no longer bring increased revenues with generics being available at cheaper prices.

    If you believe otherwise you are burying your head in the sand.

    I once held a large parcel of Babcock & Brown that I bought on the float. I did not believe that management was so bad that I held the stock from a high of $38.00 down to zero.

    That will finish up being the same fate with ACR.

    I have nothing to gain in issuing this warning but am only trying to help Hotcopper readers not lose their money.
 
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(20min delay)
Last
1.9¢
Change
0.000(0.00%)
Mkt cap ! $7.747M
Open High Low Value Volume
1.9¢ 1.9¢ 1.9¢ $5.562K 292.7K

Buyers (Bids)

No. Vol. Price($)
4 381825 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 60000 2
View Market Depth
Last trade - 15.04pm 20/06/2025 (20 minute delay) ?
ACR (ASX) Chart
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