Little gem

"It is our opinion that Astron is a little gem that ticks all the right boxes..." - Collins St. Asset Management

One doesn't often get to hear fund managers with excellent track records using an informal phrase such as "little gem" in a formal market release!

I'm not familiar with CSAM's usual communication style. However, they've scoured the mineral sands space for opportunities, have put their money where their mouth is, and I believe they are genuinely excited about what they feel is some inevitable major stock price upside in Astron Corp over time.

This augurs extremely well for existing shareholders. It augments the detailed research reports put out by Morgans 10 years ago, where they believed ATR was seriously undervalued on the basis of the potential at Donald, and relative to Astron's peers at the time.

I think the only sure way to get set now is to hope and pray. There are major announcements pending over the coming year, and I don't think Astron will be letting up on market releases, as it's now incumbent upon them to maximise the share price in order to exact best (i.e. highest) entry prices from their future equity partners.