ACR 0.00% 6.5¢ acrux limited

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  1. FGB
    1,408 Posts.
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    I think the market has yet to find a place for ACR. The MC put it into the ASX200, but without the underpinning revenue history (or immediate future). So is it a value share with potential to return to the holder in 12/13 onwards, or still a spec with growth to come?
    I see the SP between $3.30 and $3.50 for sometime. This might jump back to the previous channel between $3.75 and $4 if the broader market strengthens. But no real growth until we see the numbers (sales) start rolling in next year.
 
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