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ASC 1.6¢

ASC European director Moser selling stock.

  1. sniffer

    365 Posts.

    ASC has been a big mover in the ASX for the last few months on the back of some very bullish forecasts .

    It is interesting to note the ASC announcement that Mr Moser has take the opportunity to reduce his holding,a few months before the expected full year results are due.

    I do not hold ASC but am of the opinion if there numbers are below the forecasts they may drop heavily ,obviously if they are better the may go higher.

    If there spot on the market may follow Mr moser and lock in some profits whilst its market cap is what it is given that, I do concede that for the the longer term investor the stock assuming it meets its numbers offers a good entry point at a reasonable forecast PE.

    One to watch and wait in my opinion and see what the auditor says about the numbers ,and definately one to speak to a broker about before going long or short

    NO advise here just an interested bystander .


    HOMEX - Perth

    Steven Edward Jones ceased to be a substantial shareholder in
    Adultshop.Com Limited on 01/05/2002.

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