I think the price has been discounted because some brokers (they're such a high-minded ethical group!) don't do analysis on the sex product industry.
ASC's posted a profit of $271k for the 6 mths to Dec. 31. This was up 240% and the growth of its new entertainment acquisitions has apparently continued at the same rate. Downside from here is about zip. Noticed the 500k bidder didnt flinch and a couple of big bidders stepped up to the plate and it closed on hod.
I jumped on and if it reports figures anything like the Dec qtr then it should bolt.
ASC Price at posting:
0.0¢ Sentiment: None Disclosure: Held