A-Sonic

RWS
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5 years 7 months ago #24740 by RWS

A-Sonic was created 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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Val
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5 years 7 months ago #24744 by Val

Replied by Val on topic A-Sonic

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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hh488
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5 years 7 months ago #24746 by hh488

Replied by hh488 on topic A-Sonic

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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bluesky3000
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5 years 6 months ago #24803 by bluesky3000

Replied by bluesky3000 on topic A-Sonic

Did you buy?

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