Serious question: has anyone got a take on what its going to take for the market to get excited about ASO?
They’ve confirmed the NI is 90% recoverable, in a jurisdiction with processing capability, run via renewables offering low production costs….& comparisons being made to MT Keith (many doubters on this one).
Even if the next batch of assays come back @ .5% are we going to see any substantial increase in price? Do we need to wait for a resource estimate or a take over offer whilst the SP does nothing?
Im taking comfort in the fact TK & Rob put their money where their mouth is & expected a much worse outcome following the CR so will hold for now. But for how long, I don’t know.
Ann: Aston raises $29.25 million at average of 15% premium, page-13
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Change
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Mkt cap ! $12.95M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $30.86K | 2.908M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1831714 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 150000 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ASO (ASX) Chart |