ASM 7.37% 51.0¢ australian strategic materials limited

Ann: Full Year Statutory Accounts, page-26

  1. 439 Posts.
    lightbulb Created with Sketch. 27
    "Going Concern
    Based on the Group's cash flow forecast, the Group may require additional funding to enable the Group to continue to realise its strategic business activities and meet all associated corporate, exploration, construction and development commitments over the period.As a result of the above, there is a material uncertainty that may cast significant doubt on the entity's ability to continue as a going concern and therefore, the entity may be unable to realise its assets and discharge its liabilities in the normal course of business.The Directors are satisfied that there are reasonable grounds to believe that the Group will be able to continue to meet its debts as and when they fall due and that it is appropriate for the financial statements to be prepared on a going concern basis."


    I don't like the sound of that at all. No indication of that until now.
 
watchlist Created with Sketch. Add ASM (ASX) to my watchlist
(20min delay)
Last
51.0¢
Change
0.035(7.37%)
Mkt cap ! $92.44M
Open High Low Value Volume
47.5¢ 54.0¢ 47.5¢ $233.6K 461.8K

Buyers (Bids)

No. Vol. Price($)
1 29079 51.0¢
 

Sellers (Offers)

Price($) Vol. No.
52.5¢ 1828 1
View Market Depth
Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
ASM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.