Well, as a long-term holder of PSZ, FFT and now ASV, has the time arrived?
One could write several books on this company depending on who you talk to - Brad Alan, Kevin McLaine, Blair Gowan's, Leanne O'Connor, Glenn Fielding, Kurt Hansen, Con Gonoplous, Robert Higemand, and many others.
Is the final chapter being written behind the scene?
is ASV a prime Private Equity play?
$5m revenue is hardly exciting but the company has weathered the cashflow storm and can now sit around as a micro cap, paying the wages of those who have done a decent jobevery turning a sinking ship into one that could potentially sail the international seas!!!
Every major Government in Australia along with every major essential services organisation tells me ASV is worth a hell of lot more than AUD 15 million!!
I just hope the Board has the balls to take the platform offshore to the North American and/or European market where the numbers are exponentially higher than the retirement village that is Australia.
Anyway, I will continue to hold amd hope i am right that smarter people than me are taking a serious look at what ASV have built I terms of software platform that has global application- a road is a road in Australia, America, Europe or anywhere else on the planet !!!
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