ASM
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3.11% 78.0¢ australian strategic materials limited

Ann: A$15M Placement completed and Entitlement Offer Undertaken, page-23

  1. Leapzig
    5,115 Posts.
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    17/04/24
    13:01
    Post #: 73386836
    I think you might be on to something.

    Looks like they only took what they needed, saving dilution. This can be read as a short term positive. At least, with so much ramping up that is how I am reading it.

    Also they closed the gap, intentionally or unintentionally, which is another positive.
    Buying on market at a discount is a good opportunity.


    ASM Price at posting: $1.18 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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