ASC adultshop.com limited

bugger me...

  1. 1,267 Posts.
    i am really surprised ASC has fallen to these levels, even with the negative sentiment for the stock.

    Its only a couple of cents above its cash backing. that by itself is no big deal, but nearly all this cash has started flowing in recently after the business was restructured. It not like it sold assets and got the cash - it is flowing in throuigh its normal business.

    it goes against my strict policy of never averaging down so im not buying more, but its so tempting.

    and spare us the " oh they are crooks etc" - its ancient history. I am talking about the current state of the company.
 
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