ASC 6.67% 1.6¢ adultshop.com limited

Trading Halt before announcement, page-3

  1. 1,300 Posts.
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    Given the share price has taken a hammering of late which to date is still largely unexplained, is it possible that the insiders are already out of the stock(hence the severe fall in the share price) because they were aware that perhaps the projections are now not going to be met. Maybe that is what the announcement is all about.

    If it is, a lot of people are gonna be pretty pissed off. The business was always going to be volatile and as remarked often on hotcopper by many members, the growth could easily just reverse because people can just stop subscribing. $US50 per month seems like a lot to pay on a ongoing basis.

    skippa
 
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