My opinion is that although large portions of the market will yet have a good sentiment return, ASM has been oversold for some time now and these prices only continue due to constant short selling. Buy pressure is subdued because of the delays but once production figures begin to be released i can only imagine a quick run up back to the teens.
IMO i maintain that the shorts are struggling to cover and everytime they try the SP moves up much to quickly. Hence the transparent and pathetic attempt by riskarb, literally had one post on another forum before becoming super opinionated on ASM
Ann: Managing Director and CEO Transition, page-190
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Last
68.5¢ |
Change
-0.010(1.44%) |
Mkt cap ! $124.0M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 71.5¢ | 68.5¢ | $167.5K | 240.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 36938 | 68.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 3667 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ASM (ASX) Chart |