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? He didn't previously when the share price was 50% south of 11cps. At IPO more than a decade ago he stated his desire to release capital from the business and to ease himself out. He's now 73.
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? Linc was a disaster and inexcusable. However; there are more issues at play than just that purchase. Even if you remove Linc's impact on the previous result, it was still awful.
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!? This sounds like a hold and hope as an investment strategy. The problem with patience is when it comes at the cost of better opportunities.
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17.0¢

Wouldn't Ross aim to go private at such levels ie. 11cents?...
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Last
17.0¢ |
Change
-0.015(8.11%) |
Mkt cap ! $24.47M |
Open | High | Low | Value | Volume |
18.5¢ | 18.5¢ | 17.0¢ | $2.407K | 14.14K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 24936 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 0.175 |
3 | 110881 | 0.170 |
5 | 316192 | 0.165 |
4 | 135842 | 0.160 |
2 | 96445 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 24313 | 2 |
0.195 | 322721 | 3 |
0.200 | 109894 | 1 |
0.220 | 62215 | 1 |
0.225 | 4761 | 1 |
Last trade - 10.29am 25/07/2025 (20 minute delay) ? |
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