ASC 6.67% 1.6¢ adultshop.com limited

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  1. 520 Posts.
    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.

 
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