ASE 3.57% 2.7¢ astute metals nl

yes but who is buying, and whybuying has been mostly off market,...

  1. 5,079 Posts.
    yes but who is buying, and why
    buying has been mostly off market, the sells have mainly been smaller orders.

    it will take a bit to clear stale holders and maybe some placement, but once that is done and if we get decent results this could move to somewhere near fair value,
    \
    based on say RNI that could be 50-60 mill upwards, RNI is nearly 90 mill,

    60 mill would be 3.5 cents,

    But this wont happen overnight, and it will not be a straight line, there will be ups and downs.

    if results are good I would expect a knock on their door.

    however they have to be mindful of releasing what they know to the market in a timely manner, to explain to the market what the results mean, maybe compare to other companies in relation to their assets/results and market cap

    maybe a company presentation to brokers.

 
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Last
2.7¢
Change
-0.001(3.57%)
Mkt cap ! $14.31M
Open High Low Value Volume
2.8¢ 2.8¢ 2.7¢ $51 1.838K

Buyers (Bids)

No. Vol. Price($)
2 499936 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 48227 1
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Last trade - 13.08pm 01/11/2024 (20 minute delay) ?
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