Look at the market capital of other 'similar' companies who are further down the road. Lots of the future value would be greatly depend on the price of lithium. One 'derisking' factor for ASN is the potential to pivot to other minerals and develop other revenue. The reality is, if lithium is going to be the 'green energy' solution for the next decade then things look positive but as the price of lithium rises more mines become viable and therefore more supply... My gut feel is ASN will have all their ducks in a row and then be gobbled up by a bigger player eg Albemarle.
Future valuations, page-3
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Last
9.7¢ |
Change
-0.003(3.00%) |
Mkt cap ! $125.3M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.7¢ | $219.2K | 2.235M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 359456 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 163581 | 3 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| ASN (ASX) Chart |