ASH 13.6% 19.0¢ ashley services group limited

Ann: CFO 2017 AGM Presentation, page-18

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  1. 572 Posts.
    Hmmm .....ASH is up 200% since the April all time low .
    Amongst other things ;
    One fund has exited AEF (could be forced by third party action ie the lawsuit being unaccptable amongst their guidelines and not their FA of the bounce) nevertheless another fundie stepped in to a rising price .
    Operational cash flow + with increasing revenues indicated & anticipated in CFO's presentation, increasing free cash
    So got my interest now ......but what about the statement of claim . From what I have read briefly it appears to be another 'me to' claim through some ambulance chasers. Not saying it has no merit and acknowledge investors have lost money with falling share price but this is the stock market and all companies SPs will go up & down, which are the rules of this game. Has any quantum been mentioned or how will their Professional / Management insurance polices respond?
 
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Last
19.0¢
Change
-0.030(13.6%)
Mkt cap ! $27.35M
Open High Low Value Volume
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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