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 ????
ASC Price at posting:
0.0¢ Sentiment: None Disclosure: Held
