Rare Earth will only REALLY become rare in the event China uses it as a trade weapon against the West. Until then, in my opinion, the share price will follow the cycle of ups and downs of similar minerals required worldwide for military and EV and like now, subject to other financial headwinds, etc.....so basically I am betting on China doing what China does best in the future and causing rare earth prices to skyrocket and ASM becoming a true strategic goldmine.
Relevant Media, page-479
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Last
79.5¢ |
Change
-0.020(2.45%) |
Mkt cap ! $144.0M | |||
| Open | High | Low | Value | Volume |
| 81.5¢ | 81.5¢ | 78.5¢ | $114.6K | 144.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 50778 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.5¢ | 691 | 1 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| ASM (ASX) Chart |