ALS alesco corporation limited

looking oversold

  1. 11,407 Posts.
    This one is looking oversold to me.

    Debt not repayable to Sept 2009 and Jan 2010, profit cut already out there, dividend cut already built imo as:

    ALS has fallen from $5.50 to $2 in 10 days.

    Biut overdone imo and reckon the bad news it way facotred in. Going to have punt and hold on this one tomorrow.
 
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Currently unlisted public company.

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