in response to your query about what happens if no orders, according to Note 30 of the annual report to 30 June 2022, ASM's korean operations were burning $10m in expenses a year, just check what ASM's cash balance is in the last quarterly and it should tell you if nothing eventuates for KMP sales by the end of this year they will need to do something about it - but i don't think they will put it on care and maintenance. most likely they will raise capital to keep it going because as i mentioned above without KMP dubbo is also dead. they will string it along without sales and if lucky, the geopolitics around RE changes or the market goes nuts again and this company will have legs.
ASM Price at posting:
$1.60 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)