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16.0%

2.1¢ askari metals limited

Break out upwards or Downwards????, page-108

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asxtrader007

4,244 Posts.

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09/02/23

23:47

Post #: 66169347
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Originally posted by ma420: ↑

Many thanks for sharing this. Yes, I have been here for the last few months and delighted by the progress. Apart from the positive comments on the rare YT videos, mgmt has not been chest thumping or promoting the company before the results (horse before the cart comes to mind). I think Buffett said “mine is a hole in the ground and a liar above”. Let’s hope that’s the case here.

Mgmt seem to have gone about the business very systematically without much fanfare and that’s why I have built up a robust position here (thanks to the small MC). The spinoff of the copper assets comes a bit too soon in the company’s life but if it means that we have great lithium assets and we go 10X in 2 years I am all for it - make hay when the sun shines, i.e., when the lithium prices and hitting all time highs.

AIMO. No advice.

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10x is good in 2 years, but taking into account what’s in the works in the near future I wouldn’t be surprised if we get over the 200m/300m mark in fairly quick time going off the current trends.

Results as we know are the key, however going off our neighbours we are in good shape to produce the results.

AS2 Price at posting: 65.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.1¢		Change -0.004(16.0%)		Mkt cap ! $2.160M

Open	High	Low	Value	Volume
2.3¢	2.3¢	2.1¢	$5.432K	240.7K

Buyers (Bids)

No.	Vol.	Price($)
3	36282	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	150000	1

View Market Depth

No.	Vol.	Price($)
3	36282	0.021
6	237500	0.020
2	1416666	0.016
1	46666	0.015
1	36790	0.014

Price($)	Vol.	No.
0.022	150000	1
0.029	407099	3
0.030	285000	2
0.033	10000	1
0.037	158026	1

Last trade - 13.50pm 12/11/2024 (20 minute delay)

AS2 (ASX) Chart