ASC 6.67% 1.6¢ adultshop.com limited

re: possible expansion plans I've still got some of these, got...

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    re: possible expansion plans
    I've still got some of these, got stuck with a small parcel after the last free fall and decided it was not worth selling, better to bottom draw em and wait and see.

    I think their time will come again, not necessarily the hype valuations of $1+, but how many stocks at this type of entry price have that much cash and seem to be steadily making more.

    I think they have some plans to extend their real worl retail presence following the problems they have been having with the dotcom stuff.

    I read that this included an upmarket, mums and dads retail look that would be suitable from more general surburban consumption rather than sleaze style - not sure if this ws a previous announcement or a media release.

    Either way at some point the market will place a more realistic valuation on them, its barely trading about the cash value of their bank balance.

    Cheers

    D
 
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