Does anyone have a considered view on ASMO (down from 15c to 3.5c since June).
From memory the exercise price for ASMO is ~ $1.73 in Oct 2027.
At the current price of <5c, does that mean the market assesses ASM (down from ~$1 to 50c since June) as having very poor prospects of surpassing $1.80 by Oct 2027?
My thought was (there's the problem, previously I thought that ASM was good value at $4) that holding ASMO at 7.5c avge cost would be more sensible and less painful [ie, a better option, pun intended
] than locking up ~90c per share in ASM (seemingly heading south)?
So I salvaged 80c per share out of ASM, bought 3 x the quantity of ASMO and with the balance bought into something else, which went down 70% a few days later, oh well, mainly I lose some, I'm the dumb money ;-(
(20min delay)