All the so called good new has been released and the SP goes backwards as the shorts continue to grow.
I need to see this coming quarterly report because I feel something is completely opposite to all the glowing ramping that is going on here
I suspect big cashburn is continuing and it's either another CR coming or they eat into the $30m loan available.
Most importantly from a TA and FA perspective,at todays price the MC is $100m, Now with let's say $8m in bank current which would include the $5m just raised, the Ev here stands at a whopping $92m
This is just do high for a penny explorer stock, and this is why I feel the shorts are increasing because most penny stocks have Ev at $10m max.
If ASN were to hit 5 cents the Ev would still be a huge $57m, just so high imo.
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ASN General Discussion, page-21339
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $145.6M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 10.5¢ | $158.4K | 1.473M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 150534 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 756465 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 893918 | 0.100 |
2 | 300000 | 0.099 |
2 | 35000 | 0.098 |
3 | 51521 | 0.097 |
1 | 100000 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 19759 | 2 |
0.110 | 732947 | 3 |
0.115 | 391516 | 9 |
0.120 | 1080141 | 11 |
0.125 | 553500 | 9 |
Last trade - 10.46am 22/07/2025 (20 minute delay) ? |
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ASN (ASX) Chart |