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ASC 1.6¢

ASC - what does it take !!

  1. mike123

    1,570 posts.
    Can't believe after all the good news in terms of record profit and revenue, the share going is in reverse gear !!

    I wonder what does it take to move the share going north. At present price of 29cents, its virtually work out to be P/E ratio of less than 5 ! with more than 17Millions worth of cash on hand and no debt !!!

    Maybe the company should consider the following :

    a) Use some of the cash to proceed with share buy back
    b) Use some of the cash to return to Shareholder as special divident
    c) Appoint a director with more credibility onboard ?
    d) More institution roadshow is required
    e) Give institution representatives an inside tour of the company's business

    f) anybody with any further suggestions ????




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