AdultShop.com gets whipped
15/09/03 By: Sarah Richards
AdultShop.com Limited (ASC) today posted a net loss of $9.5 million for FY03 compared with a $4.1 million profit in the prior year. The provider of adult products and services highlighted the inclusion of a $7.38 million write-off of goodwill at its online erotic entertainment division.
http://www.ozestock.com.au/MessageView.asp...1452&Symbol=ASC
The share price had actually increased by 50% in a few weeks leading up this announcement.. was hoping they had good news coming for once.. *sigh*
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