A-Sonic
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5 years 6 months ago #24740
by RWS
Anyone look at A-Sonic. The market cap is only 12.57m whereas it is in net cash position of 27.3m.
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5 years 6 months ago #24744
by Val
yes, big discount to cash. Plus got 1-c dividend coming.
But it's challenging to get into the stock:
illiquid: bid 21 cents / ask 23.5 cents
can get in but how to get out?
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5 years 6 months ago #24746
by hh488
Adding Val, if don't mind the illiquidity, then take the 300 shares at 23.5 ct.
So the buying also is difficult for desired quantity!
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