ACR acrux limited
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Some commentary from Macquarie emailed yesterday, this looks to...

  1. davidlo
    8 Posts.
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    01/02/13
    07:47
    Post #: 11363195

    Some commentary from Macquarie emailed yesterday, this looks to be a major issue ATM and keeping the share price well below the 4.77 high.

    Emerging Leaders
    Acrux ACR Underperform
    Rebates remain stubbornly high

    * Eli Lilly reported Axiron 4Q net sales at US$23.9m (vs. Macq at US$22.6m).
    * Solid net sales number due to lower than expected rebate; however, it appears that the rebate has increased on a seasonally adjusted basis.
    * Underperform. Positive that Q4 rebates were lower than Q3, but still increased on a seasonally adjusted basis and concern about slowing market growth.
    ACR Price at posting: $3.45 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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