ASM 0.00% 46.5¢ australian strategic materials limited

Ann: Framework Agmt for 20% stake in Dubbo Project and Offtake, page-135

  1. 312 Posts.
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    People on Hotcopper are sooo fixated on the evil shorters, (regardelss of the stock). I think there is a psychology behind this as if the share price goes down it helps justify things and then you don't blame your investment decision.

    My advice is stop worrying about them. If you invest in a business based on fundamentals, (not technical analysis or any other, 'method,'), and those fundamentals are on point then the stock cannot be held down over the medium to long term. It simply cannot. You cannot hold a good company down based on ongoing good perfomance, (a more recent example of this is FMG).

    ASM risks for investing are steadily getting crossed off the list. The pros are rapidly outweighing the cons. It's all looking good and now we just have to see some decent revenue coming in on a consistent bases to send the share price northward further.

    Most of us here are in it for the medium-long term so does it matter if the share price is $10 next week or in 2 months times? I just want to see the company communicating with the market and making ongoing positive progress, (which they are). Really doing a great job in this current stupid covid world.

    Well done this week to all holders by the way!
 
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