Just thinking out loud here, until the Korean plant can be shown to viability produce at volume, why would they open up anywhere else? It would be risky for both ASM and the customer/country in question.
That aside there must be something going on in the background, something potentially leaking, so hopefully we see something solid announced soon! The share price appreciation can't be just put down to the quarterly, (which didn't say much really), or momentum trading... or shorts covering. I think there is far too much focus on the latter and it's misguided discussion (in my humble opinion).
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ASM
australian strategic materials limited
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54.3¢

ASM Chart Thread, page-9321
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Last
54.3¢ |
Change
0.008(1.40%) |
Mkt cap ! $97.92M |
Open | High | Low | Value | Volume |
53.0¢ | 54.3¢ | 53.0¢ | $34.03K | 63.28K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 13579 | 53.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
54.5¢ | 19061 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 16762 | 0.535 |
5 | 47828 | 0.530 |
3 | 19076 | 0.525 |
5 | 85979 | 0.520 |
2 | 9076 | 0.515 |
Price($) | Vol. | No. |
---|---|---|
0.545 | 19061 | 2 |
0.550 | 21746 | 3 |
0.555 | 99 | 1 |
0.560 | 37340 | 2 |
0.580 | 11561 | 1 |
Last trade - 12.30pm 24/06/2025 (20 minute delay) ? |
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ASM (ASX) Chart |