Typical Boneyard Special
- $AO1 is priced at a shell at $3.6M MC with no debt and low SOI at $0.007c
- A new CEO as of last week
- Good product offering for a sub $4M company into a sector going through a boom - real estate.
- Minimal cash but what company isnt in the same boat in the boneyard
Following new leadership changes, will there be more aggressive ASX releases pushed into the hot macro sector which is Australian real estate? I would think so. Will there be a CR pump and presentation? Probably.
Will there still be room for upside from the current MC? For a boneyard special with low downside given its priced as a shell, Im betting so.
Lets see what happens for Asset Owl over the coming 6-12 months. DYOR, not financial advice.
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.415M | |||
| Open | High | Low | Value | Volume |
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| AO1 (ASX) Chart |
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