ASH 0.00% 25.0¢ ashley services group limited

I think Ross has had ample opportunity to take this private at...

  1. 1,914 Posts.
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    I think Ross has had ample opportunity to take this private at much lower prices (around 15c) but he resisted. Its hard to see him doing it when there are a few headwinds. The training division is one area the Govt keep looking at due to the pretenders who entered during the 90s to early 2000s when a lot of so-called international students enrolled and instead got jobs. It is an area in which some of the State Govts are now bringing back the Tech Schools. I am wondering if it is worth Ross persisting with it. Its only a small chunk of the revenue and I see it being eroded by the Tech education renewal by Govt. ASH is a mature business which should be able to hold its own in the Labour Hire arena - he made a bad blue with Linc by not considering what might happen if it lost its major contract and it did not kill the business. RH need to leave the register in a disciplined way if they want out and let the business work its way out of the stigma of the Linc deal. I am not a holder but I was and got out at about 50-55c. Keep looking back to enter - thats why I am here.
 
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