ASH 13.6% 19.0¢ ashley services group limited

Ann: CFO 2017 AGM Presentation, page-12

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  1. 2,476 Posts.
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    Thanks CDR for your reference review. Any talk on the court case?
    The AEF selling may be an opportunity to buy shares cheaply. We don't know if they will sell the lot and it is doubtful they would sell any less than these current prices (from memory they bought in around these prices?), however any selling is keeping a lid on the SP against what is otherwise a pretty good story.
    We should all remind ourselves that about 60% of shares are in one hand and that 85% cover the top 20. The liquidity is low so any upside movement (just like any on the downside) should be magnified given the lack of shares other than the current AEF selling. Low p/e and less risk should auger well for the next few qtrs in my view. I still reckon a 30c price tag in the next few weeks or months is possible.
 
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19.0¢
Change
-0.030(13.6%)
Mkt cap ! $27.35M
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17.5¢ 19.0¢ 17.5¢ $3.862K 20.93K

Buyers (Bids)

No. Vol. Price($)
1 14714 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 84807 2
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