why why why

  1. 1,654 Posts.
    Ok, I need to ask why ???

    Why a company with

    - a P/E of less than 6
    - MC of $500m
    - $200m in cash
    - huge deposits
    - shipments starting to move

    drop from $4.50 to under $2.80 in a matter of weeks and no one asks why ???????????????????? ASX, what's going on ?????????

    I don't hold, and haven't bought any since they were in their 20's a few years ago, but I'm very tempted in having a go.

    I smella takeover.
 
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