ASC 6.67% 1.6¢ adultshop.com limited

Cash backing / share

  1. 11,610 Posts.
    lightbulb Created with Sketch. 99
    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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