Mmmmmm still very difficult to assess what is happening without any form of guidance. You would have to assume they are not stupid enough to give away the farm without appropriate consideration for all things business.
The business has had its moments in the past and like a lot of smaller tech co's had a rocky ride. This in itself is not unusual however Cao allowing blatantly false guidance to be published and reiterating profit forecast on several occassions is inexcusible. Thats where we were all ripped.
Now knowing what we know about Arasor would we invest @.23 cents per share?
I dont think we have enough info to make that decision. What is it worth? Who knows?Is this a good move by them? I have gone to the video ref and given them "benefit of the doubt".
Remember optical was the cream. The real money at this stage was meant to be in Wireless tech.
Phew,too many words for me. I will have to borrow some from a female for the rest of the day.
