Wouldn't Ross aim to go private at such levels ie. 11cents? Surely the cost & stress of managing a listed company would encourage Ross to move in such a direction?
So much easier when you only have yourself to report to?
And as ASH have shown in the past, they can make their bottom line perform when they stick to their knitting! & avoid taking on the likes of LINC? Still perplexed how they bought into that without knowing how solid LINC's future contracts would be?
Regardless, quite a few small shldrs that may drive the direction One Way OR the Other! Such small volumes makes it difficult for major shldrs to accumulate sizeable chunks of stock.
May just have to await future performance updates, there's a chance of some Govt. changes which may OR may not work in ASH's favour.
Looks like patience will be needed here to allow time to prove what ASH can do to live through these "Interesting Times" times!?
ASH Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held
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