Well at cash backing MAN and $15m cash not hard to add value, but with ASN it's very hard to add value from here, as the MC isx$100m and cash only $12m if that, so it's a slippery slide here unfortunately, I called it a few months ago because of the very high Ev and no cash flow from activities ,and it's still nowhere near fair value IN MY OPINION.
we watch and wait for the bottom, 4sighttrader says 3 cents I don't think of get that luw but 4 cents I believe will be hit at some stage in the near Future and that is just me going off my FA and TA.
i could be wrong I hope I am, just saying, as the BS ramping here has gone on so long and the share price drifts
ASN Price at posting:
7.4¢ Sentiment: Sell Disclosure: Not Held
