Adultshop stocks down

Opti · 09-15-2003

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* chart

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09-15-2003	#1
Opti Members Join Date: Oct 2002 Posts: 1,205	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 chart