ASC 6.67% 1.6¢ adultshop.com limited

OUCH!!, page-17

  1. 4,669 Posts.
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    towie,

    I would never have thouight you were so naive as to make such a statement as you have. "Once the credit card problems are sorted out"?!?

    You are joking aren't you? If their profit downgrade is a result of these type of disputes the company has absolutely NO certainity of revenue streams moving forward.

    I repeat...none at all.

    No wonder the stock is getting hammered.

    The price is where it ought to be in view of what has happened today. The announcement undoes everything previously stated about stable and rising levels of revenue.

    Management will have to prove themselves all over again now...if ASIC allows them to remain in office.

    ASC holders have my sympathy. This is a sorry situation.

    This is 2002...not Jan/Feb 2000.

    Coop
 
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