Come on guys, either a capital raise or capital injecting deal had to come.
Its hilarious how the tide of sentiment turns in retail. ASM was a hold at $10+, but now cashed up at $1.73 its a sell?
This company is on the brink of success, as espoused in so many posts before on its business. The 10 ton NdPr deal will be the first of many. It needed the capital to get it going.
I was one of the few original ALK holders who did not wish for a demerger. I now hold both again at far better levels than I sold post, and even immediately post the demerger from memory.....investors always get carried away on this stuff before time. Now is the time. ASM (and ALK) are good value at these levels.
ASM Price at posting:
$1.98 Sentiment: Hold Disclosure: Not Held
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