will be interesting to see next update from gray group to see how their "orderly" disposal of this stock is going.
agree that divvies will be long way off - need to preserve cashflow for the in-house recommended bonuses etc.
regarding ANN's in relation to Axiron sales - normally the gross sales posted but am not sure which quarter it occurs in - there is an adjustment made for rebates etc. so that's what I would be looking at when the time comes.
I don't believe that they will CR as the current royalty stream is steady ATM but I do believe that bonuses will be the first thing to go if in a cash strapped position - but will be too late then IMO. But I don't trust this mob and no doubt they will come up with something to their advantage - but I have a long memory and ain't afraid of posting "past events" - good or bad!!!
other than that - IMO you are spot on mwilson25.
will be interesting to see next update from gray group to see...
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Last
6.1¢ |
Change
-0.001(1.61%) |
Mkt cap ! $17.73M | |||
| Open | High | Low | Value | Volume |
| 6.1¢ | 6.1¢ | 5.9¢ | $32.40K | 536.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 152892 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.2¢ | 216140 | 3 |
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| Last trade - 15.43pm 03/09/2024 (20 minute delay) ? |
| ACR (ASX) Chart |