Seriously.. how can this get into the 40c range in the short term? Take a look at their cashflow and the amount of shares on offer and it is likely that the dividend will actually get raised this year to 7 or 8c... (and yes I do acknowledge this will be helped more by the weakness of the $Aus and a one-of milestone payment)...
I was looking to pickup more at 61.5c but another parcel of shares that I went to sell did not get sold in time and as such I plan to sell those share now at whatever the market is willing to pay in order to pickup Acrux at the current price on Tuesday/Wednesday.
Lets see if Lenzetto starts brining in any cash and whether any of the other items in the pipeline move into the next stage. There could also be a payout from the trial which is due to start in June 2016 for infringement of patents.
I too am losing money on this (already sold a parcel a few years ago without understanding the tax implications) of about 8k to date... but believe there will be upside in the long term (not short term as this company rarely releases information that send the share price flying).
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