Chill out dude. It's only been off the ATH for a few months.
ASM was my second ever investment. I was late to the party buying in late January at about $5 after it came off its previous ATH. I watched it waste away at low volume for 6 months, & thought about selling countess times. Would have been pretty dumb in hindsight.
From memory the Framework Agreement for Dubbo values the business at about $12 a share which excludes all metalisation plants. Buying at under $12 is clearly a steal.
Imo of you believe ASM will pull off the agreement ASM is a strong BUY. If you see Dubbo being delayed then for me it is still a HOLD because of the easily expandable metalisation business.
ASM Chart Thread, page-3748
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Last
57.0¢ |
Change
0.030(5.56%) |
Mkt cap ! $103.3M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 57.0¢ | 54.0¢ | $86.92K | 155.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29035 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 52303 | 1 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| ASM (ASX) Chart |