ASC 6.67% 1.6¢ limited

something bad is happenin i reckon!

  1. 3,918 Posts.
    I mentioned this one a couple of weeks ago in that I thought it might have some legs on it which it done run a little from 5.8c to 6.1c but then I changed my mind after I saw the director resignation etc.

    Last couple days has seen some heavy selling pressure to what I think is an all-time low of 5.4c with no much resistance on the buyers side. What I'd be worried about this stock is that they have yet to announce their monthly report for May which is quite odd cause usually they do around about the middle of the month but it's almost July and still no announcement.

    I reckon something negative is goin on behind the scene's but time will tell.

    Good Luck.
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