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ASOS plc - full-year results, follow management & top slice

By Steve Moore | Wednesday 23 October 2013


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.


Investor Darling AIM-listed online fashion business, ASOS plc (ASC) has announced continued strong growth in its year to 31st August 2013 and that “we have started the new financial year positively”. The shares went to 5200p on the news allowing senior management to sell £94 million of shares at 5000p - something announced today. They have top sliced with a £4.3 billion market cap. So should you.



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