Well after much thought, I have decided to buy into the plan. The removal of alot of short term debt will hopefully release a bit of the stranglehold and allow greater profits to be made.
It might be a long time (>6mths to 12mths) till we see this, but with the amount of pain I have gone through with these, what does another 6 months mean if I can recoup some losses and the company can fix some of its financial woes and again become profitable and maybe again show some form of dividend in the years to come.
IMHO of course, so please dont take this as financial advice regarding your own participation.
Well after much thought, I have decided to buy into the plan....
Add ASB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.19 |
Change
0.030(0.95%) |
Mkt cap ! $1.072B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.19 | $3.10 | $2.772M | 880.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1185 | $3.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.19 | 1700 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| ASB (ASX) Chart |
