Was going to write a negative assessment of ASG & the deficit of cars to bailment debt in the interim financials, but that's not possible as they've failed to disclose what level of cars (stock) they hold against the bailment debt. So lets just assume everything is fine & there's no hole !!!
My guess is the COVID19 shut down will be the perfect time for stock audits by financiers, close assessment of the bailment debts v cars in stock (they won't be hard to find), and in my opinion this one will end in tears. GLTAH.
Share Price Dive, page-5
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Last
$2.58 |
Change
0.020(0.78%) |
Mkt cap ! $518.5M | |||
| Open | High | Low | Value | Volume |
| $2.60 | $2.60 | $2.56 | $319.5K | 123.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6890 | $2.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.59 | 998 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$2.58 |
Change
0.020 ( 0.78 %) |
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| Open | High | Low | Volume | ||
| $2.59 | $2.59 | $2.56 | 18767 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| ASG (ASX) Chart |