A-Sonic

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28 Apr 2019 21:03 #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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30 Apr 2019 17:25 #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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01 May 2019 16:42 #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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