ASM 2.33% 63.0¢ australian strategic materials limited

Ann: Entitlement Offer open, page-28

  1. 1,775 Posts.
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    I purchased thousands more on market, T+2 makes the funds liquid.

    At 1:40, my funds would be tied up for an allotment of 500 at $1.16, plus ASMO.

    On market purchase allows me to average down, and liquidfy funds if I choose
    to do so. Time will tell what the strategy is behind the offering, but it doesn't
    appeal to me. Will keep buying at discount on market.
 
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