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ASN General Discussion, page-8239

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tezza9

273 Posts.

32

24/02/23

12:36

Post #: 66444833
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Originally posted by strazza: ↑

I don't understand the AGY bashing in here at times, I hold both. I never post on AGY as I never feel compelled to. Sure, their resource is small compared to others and their 2kt plant seems small compared to others' aspirations, but they have runs on the board. At $1B MC I think they are close to fair value now but they will very soon be generating real income which will fund future expansion.

ASN have taken a different path but at their current point of project maturity, if one considers AGY fair value at $1B, I'd argue ASN should be circa $500-700M, or 50-60cps right now.

Given ASNs larger resource, Tier 1 jurisdiction, 10-13kt Stage 1 output, strong ESG etc etc, I see ASN fairvalue at commencement of construction of circa $1-2B MC.

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I don’t understand the bashing either, it’s comparing apples and oranges in production processes. I own both and one thing I have noticed is when agy gets heavily bashed here, it hits another ath!

ASN Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.0¢		Change 0.000(0.00%)		Mkt cap ! $96.92M

Open	High	Low	Value	Volume
7.1¢	7.2¢	7.0¢	$21.36K	302.1K

Buyers (Bids)

No.	Vol.	Price($)
4	569047	7.0¢

Sellers (Offers)

Price($)	Vol.	No.
7.3¢	153635	3

View Market Depth

No.	Vol.	Price($)
4	569047	0.070
5	221426	0.069
4	56225	0.068
2	320000	0.067
8	357272	0.066

Price($)	Vol.	No.
0.073	153635	3
0.074	77567	2
0.077	155000	2
0.078	174205	3
0.079	448657	7

Last trade - 16.10pm 04/11/2024 (20 minute delay)

ASN (ASX) Chart