I did not need to as I have been following ASM since December 2020. No need to go over them again.
ASM does have a track record of shiny promises (Quarterly, none-binding MOUs, AGMs, cool pictures, etc), it just does not deliver what it says it will do. I know what I am saying annoys die-hard supporters here, but people getting upset here is totally irrelevant to what is currently happening at the company. I mean the SP speaks for itself. We are priced at $255m with $60m cash and Dubbo lands and KSM. It is evident to me that very little future profit is priced in. I think this is due to past performance and lack of confidence in Quarterly and AGMs that you are referring to.
Once they have real offtake agreements (not a pathetic 10-tonne from which we deliver 3t), banking in revenue and start seeing more than promises, I am sure ASM forum will get busy again.
Until then it is just a handful of people me, you and a few others talking to each other.
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ASM
australian strategic materials limited
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Last
53.0¢ |
Change
-0.005(0.93%) |
Mkt cap ! $96.11M |
Open | High | Low | Value | Volume |
53.0¢ | 54.3¢ | 53.0¢ | $116.6K | 218.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 20539 | 53.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
54.0¢ | 707 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 20539 | 0.530 |
1 | 5000 | 0.525 |
3 | 67947 | 0.520 |
1 | 5000 | 0.515 |
2 | 20000 | 0.510 |
Price($) | Vol. | No. |
---|---|---|
0.540 | 707 | 1 |
0.545 | 3000 | 1 |
0.550 | 9170 | 2 |
0.555 | 99 | 1 |
0.560 | 37340 | 2 |
Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
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ASM (ASX) Chart |