I think you might be on to something.
Looks like they only took what they needed, saving dilution. This can be read as a short term positive. At least, with so much ramping up that is how I am reading it.
Also they closed the gap, intentionally or unintentionally, which is another positive.Buying on market at a discount is a good opportunity.
Buying on market at a discount is a good opportunity.
Add ASM (ASX) to my watchlist
 (20min delay)
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Last
$1.00 |
Change
0.000(0.00%) |
Mkt cap ! $179.7M | |||
| Open | High | Low | Value | Volume |
| 99.0¢ | $1.02 | 98.0¢ | $181.4K | 181.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 37173 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 41099 | 3 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$1.01 |
Change
0.000 ( 1.52 %) |
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| Open | High | Low | Volume | ||
| 98.5¢ | $1.02 | 98.0¢ | 63300 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| ASM (ASX) Chart |