Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
In this two part series I shall explain why the valuation of Accesso Technology (ACSO) is quite simply insane. At £29.20 the market cap on the AIM Casino is £791.2 million. That is bonkers. In part two I shall look at the “interesting” way it generates profits and its dire cash generation. But let us start with sales growth for this is valued as a mega growth stock.
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