Took my first bite on this one today. Can go either way but I think on the short term might see some recovery. Way oversold if u look at RSI
Ascendis Health Ltd. – JSE:ASC
Posted 19 February 2020 - 06:15 PM
I wonder why this share is still losing like 7 to 10% per day.
Yes they have huge debt to repay, but they are producing a positive EBITDA of around 400-500 Million.
I guess once the loans/ debt have been refinanced or repaid we will see an upswing.
I will monitor this share on the sideline. Might place some buckets to buy. For me its way undervalued at the moment.
Posted 02 April 2019 - 01:24 PM
Does Anyone know how many shares Gary Shane still needs to sell to cover his loans?