A-Sonic

RWS
Topic Author
Offline
New Member

5 years 6 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.

Please Log in or Create an account to join the conversation.

Val
Offline
Elite Member

5 years 6 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?

Please Log in or Create an account to join the conversation.

hh488
Offline
New Member

5 years 6 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!

Please Log in or Create an account to join the conversation.

bluesky3000
Offline
Junior Member

5 years 5 months ago #24803 by bluesky3000

Replied by bluesky3000 on topic A-Sonic

Did you buy?

Please Log in or Create an account to join the conversation.

Time to create page: 0.196 seconds