If you wish to promote ASM explain this.
"If IG invests $150m into ASM for the feedstock and the KMP runs at 5,200t with metal sales to match, the SP doesn’t need to move a massive amount for him to make $500m? $1bn?"
Explain your above sentence and you may be able to sell the ASM story. I assume when you say feedstock you are referring to rare earth raw product?
You somehow think a finished product will come up with 500m/ 1billion profit from a 150 million purchase? I assume this is not realistic but anything remotely in the ballpark may be informative
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ASM
australian strategic materials limited
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Ann: Dubbo Project gets $10 million funding boost from NSW, page-29
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Last
58.5¢ |
Change
0.015(2.63%) |
Mkt cap ! $130.7M |
Open | High | Low | Value | Volume |
58.0¢ | 58.5¢ | 57.0¢ | $280.4K | 486.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6000 | 57.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
58.5¢ | 110068 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6000 | 0.575 |
6 | 184846 | 0.570 |
5 | 82481 | 0.565 |
7 | 103778 | 0.560 |
5 | 45782 | 0.555 |
Price($) | Vol. | No. |
---|---|---|
0.585 | 110068 | 4 |
0.590 | 90200 | 4 |
0.595 | 213880 | 8 |
0.600 | 151428 | 6 |
0.605 | 26710 | 2 |
Last trade - 16.12pm 08/08/2025 (20 minute delay) ? |
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ASM (ASX) Chart |