ASC 6.67% 1.6¢ limited

Cash backing / share

  1. 12,860 Posts.
    lightbulb Created with Sketch. 280
    Internet companies that are losing money tend to trade at less than their cash backing/share. Look at SNX....even though it has $1.14 in the bank it is only 90 cents/share
    ASC may in the next couple of weeks head towards that level.
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Currently unlisted public company.

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