ASM 11.0% 61.0¢ australian strategic materials limited

Ann: ASM signs agreement for sale of NdFeB alloy, page-48

  1. 15,167 Posts.
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    I like the fact that were going to get paid (cashflow) and from a substantial contract. The market does too. the shorters were pricing it for going broke or firesale.

    I don't think there are that many magnet manufacturers for ASm a relaivley new producer to get anywhere near 10 ( i.e 10 X 10 of them).

    That's the thing about extreme pessioims any decent news is like a balst of fesh air (You know what that's like for those holding their breath).
    Snorkelers will tell you.

    All IMVHO.
 
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