Great news regarding royalties and the milestone payment to be...

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    Great news regarding royalties and the milestone payment to be received in March 2014 - "In addition to royalties, Acrux will receive a milestone payment of US$25 million in March 2014 as the worldwide net sales of Axiron in the 2013 calendar year have now exceeded US$100 million, unless there is a material event resulting in a product recall". But am a little perplexed as to the last bit on the statement - is a product recall expected?. Just can't work out why that would be mentioned if all okay - unless it was just to cover all bases in the event of...Still don't make sense to me - sales have greatly exceeded target amount. Be interesting to see now: 1) how bonuses/incentives are based on this; and 2) what the recent substantial SH's will do after taking the tax free dividend next year. Oh well waiting for March 2014 dividend announcement now AND hopefully other good news regarding pipeline projects (yeah I know Scouse don't hold my breath:-).
 
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1.9¢
Change
0.001(5.56%)
Mkt cap ! $7.776M
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2.0¢ 2.0¢ 1.7¢ $10.82K 570.6K

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Last trade - 11.29am 31/07/2025 (20 minute delay) ?
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