ASC adultshop.com limited

Adultshop should be cheap - surely?????????Had $11.3m in cash &...

  1. 1,536 Posts.
    Adultshop should be cheap - surely?????????

    Had $11.3m in cash & credit facilty of .5m @ 30/12/04

    Settled US legal action in full. Lost & paid US$1.5m

    There has been heavy selling to 5c, but now seems to have abated

    @ 4.9c they are sitting on the years low (4.8c low)

    Earned a profit last year

    I haven't bought any yet - but I am tempted.

    Maybe ASCO - current price .008C - exp 30/6/06 - exercise price .10

    This dog thinks he has sniffed out a bargain but it may be another hornet's nest

    Comments please!!!!!!!!!!!!!
 
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