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24.0¢ ashley services group limited

Re: “You're missing the point. Ash purchased Linc less than 4...

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ZMan

3,595 Posts.

764

01/11/23

16:02

Post #: 70670841
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Originally posted by Hectorplains: ↑

"The material decline in the share price does not appear to be supported by ASH's announcements to market!?"

You're missing the point. Ash purchased Linc less than 4 months ago. Now they have lost their major contract - effective end of month. It's not just the impact on Ash's bottom line, it's also that it looks like poor due diligence. The purchase price carried a fair whack in intangibles that are now worth next to nadir. The market seldom rewards incompetence, and that is what this looks like.

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Re: “You're missing the point. Ash purchased Linc less than 4 months ago. Now they have lost their major contract - effective end of month.”

Missed it by one year…
Maybe you’re the one missing the point…

ASH Price at posting: 38.0¢ Sentiment: None Disclosure: Held
5 Upvote

0 Great analysis

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(20min delay)
Last 24.0¢		Change -0.015(5.88%)		Mkt cap ! $34.55M

Open	High	Low	Value	Volume
25.0¢	25.0¢	24.0¢	$60.41K	247.3K

Buyers (Bids)

No.	Vol.	Price($)
2	113275	24.0¢

Sellers (Offers)

Price($)	Vol.	No.
25.0¢	32951	3

View Market Depth

No.	Vol.	Price($)
2	113275	0.240
1	30000	0.235
3	38211	0.230
1	80000	0.220
1	9400	0.215

Price($)	Vol.	No.
0.250	32951	3
0.255	5000	1
0.260	20000	1
0.265	40599	1
0.270	22999	2

Last trade - 15.42pm 07/05/2024 (20 minute delay)


Last 24.0¢			Change -0.015 ( 4.00 %)
Open	High		Low	Volume
24.5¢	24.5¢		24.0¢	64874
Last updated 15.42pm 07/05/2024 ?

ASH (ASX) Chart

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