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.
The last stated NAV of Asimilar (ASLR ) was 25p per share. We knew it had taken one hit (AAA) but still the NAV should have been c20p (ho ho ho). On Wednesday its shares plunged by 32% to sub 4p begging me to ask this question.
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