It just goes to show how little a companies actual performance in terms of profitability matters in terms of short term share price.
As the poster above said, ASC is priced pretty much the same as when it wasn't making any money ( breakeven). Now its making $19 million a year ( based on last quarter ) and got stacks of cash yet market valuation is still the same. Market inefficiency at its best.
- Forums
- ASX - By Stock
- ASC
- ASC - Not very exciting !!!
ASC - Not very exciting !!!, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)