ASM 1.85% 53.0¢ australian strategic materials limited

ASM Chart Thread, page-6117

  1. 523 Posts.
    lightbulb Created with Sketch. 70
    I don't know what question was asked for obvious reasons.

    Here is something to consider:
    The Top 20 Shareholders of ASM hold 57.99% of shares on issue.
    Total shares on issue is 139.5 Million
    For the sake of the maths lets take these out of the calculation, 139,500,000 by 57.99% is 80,896,000
    Available shares is 58,603,000 of these 6,200,000 are shorted.
    This represents 10.57% shorted shares of this volume (the % is much higher due to the volume available on a daily basis)
    Todays trading volume was 408,000.
    This equates to 15 days worth of covering trades assuming the sellers are there.
    Meanwhile the shorting is being added to on a daily basis.
    They are digging themselves into a burial plot.


 
watchlist Created with Sketch. Add ASM (ASX) to my watchlist
(20min delay)
Last
53.0¢
Change
-0.010(1.85%)
Mkt cap ! $97.88M
Open High Low Value Volume
55.0¢ 55.0¢ 52.8¢ $26.31K 49.13K

Buyers (Bids)

No. Vol. Price($)
4 1017 53.0¢
 

Sellers (Offers)

Price($) Vol. No.
53.5¢ 1858 7
View Market Depth
Last trade - 11.48am 22/08/2024 (20 minute delay) ?
ASM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.