Pretty typical up and down of an early stage mineral explorer. https://www.mining.com/web/the-most-exciting-time-to-be-a-mining-stock-investor/
In the link above - we're in the brown section right now, but reasonably close to the blue. Or check the attached screen shot.
Once the deposits are found they get hyped up by spec buyers who follow bubble stocks (particularly lithium stocks). Then it takes a long time to do feasibility, approvals, cost estimates to mine and then find funding to build the mine. They have taken a long time to prove up the lithium extraction method. Anson also got hit with some test results that had to be redacted which spooked the hype market. Even after the original erroneous test results were re-confirmed with better methods, the SP has not yet recovered. I think its a great buy right now, even without Lithium their Bromine deposit are worth a lot more than 3.5c. If they confirm they can extract Lithium AND Bromine she might rocket up well above the former 30c.
ASN Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
