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0.93%

53.5¢ australian strategic materials limited

Early buy bids are suggesting a swell of new support/interest, page-56

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JJade

136 Posts.

6

13/10/20

20:17

Post #: 48067386
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Originally posted by hotcongo: ↑

i think ASM has lots of “special situation” about it.

1. it is not just a mining company, but a breakthrough technology company.
2. it is a fresh new and exciting story for most people, and so far it is delivering on its promises.
3. it is a new float so its fair-value share price is hard to determine
4. it is benefiting big time from China behaving badly.
5. it will find itself very attractive to companies and countries, even, with deep pockets, who will be keen to corner-stone it or take it over.
6. it is in a hot sector, has a hot chart and few shares available for purchase.
7. it is an easy-to-understand story, i.e., it is going to produce materials essential to products that we would be devastated not to be able to have, due to lack of supply of these materials.

and so on...

Not many stocks on our market can tell as as exciting a story as ASM can.

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only concern is how long time is to mining. 2 years if I’m correct ? Are there others that might beat us to it ?

ASM Price at posting: $3.30 Sentiment: Hold Disclosure: Held
2 Upvote

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(20min delay)
Last 53.5¢		Change -0.005(0.93%)		Mkt cap ! $97.00M

Open	High	Low	Value	Volume
53.5¢	56.0¢	53.0¢	$116.9K	217.0K

Buyers (Bids)

No.	Vol.	Price($)
1	7019	53.5¢

Sellers (Offers)

Price($)	Vol.	No.
54.5¢	4560	2

View Market Depth

No.	Vol.	Price($)
1	7019	0.535
3	16079	0.530
2	14660	0.525
6	85384	0.520
2	12000	0.515

Price($)	Vol.	No.
0.545	4560	2
0.550	17781	1
0.570	8381	1
0.575	8766	1
0.580	17239	1

Last trade - 16.10pm 31/10/2024 (20 minute delay)

ASM (ASX) Chart