ASM 3.23% 75.0¢ australian strategic materials limited

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

  1. 5,087 Posts.
    lightbulb Created with Sketch. 404
    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.


 
watchlist Created with Sketch. Add ASM (ASX) to my watchlist
(20min delay)
Last
75.0¢
Change
-0.025(3.23%)
Mkt cap ! $135.8M
Open High Low Value Volume
78.0¢ 79.5¢ 73.0¢ $419.8K 562.2K

Buyers (Bids)

No. Vol. Price($)
1 4907 74.5¢
 

Sellers (Offers)

Price($) Vol. No.
75.0¢ 5316 1
View Market Depth
Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
Last
74.5¢
  Change
-0.025 ( 3.26 %)
Open High Low Volume
79.0¢ 79.0¢ 73.5¢ 48542
Last updated 15.58pm 17/06/2024 ?
ASM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.