Asiasons Punt

If you trade local stocks there is no need to introduce the infamous trio of Blumont, Asiasons and Liongold by now.

Looking at how much these three stocks have fallen, I figured it may be a good time to find some value. Asiasons has the most viable business model of the three IMHO, with an Enterprise Value of 58mio and Cash of >100mio. That is of course if you believe it's books, according to Yahoo Finance.

So I decided to take a punt at 0.120 and announce it to the whole world, so that it may witness my boom, or bust! If it ever goes back (of course it won't!) to $2.72 again...

Note that I am prepared to lose my entire capital on this punt. Definitely not for the faint-hearted!