Australia's largest stock trading and investment forum Australia's #1 stock forum

ASN

1.27%

7.8¢ anson resources limited

""but if it was a trade it probably should have been cut like I...

First 109 Last

Share
Profile

Follow
sharebroker1

11,264 Posts.

685

20/09/24

15:26

Post #: 75767009
Share

Originally posted by kipper57: ↑

Only have to look at the chart for AVM, and the ann "rock chips" is a red flag. I am not sure why you would buy that as an investment but if it was a trade it probably should have been cut like I did with ASN, its harsh but risk / reward is what trading is about. I see it has some cash but drilling will chew that up quickly if that is their plan. They had 2m last qrt and going by the qrt it said nearly 6qrt left, however if they drill etc 2m will not go far at all.

Dont get me wrong explorers have to start somewhere and rock chips is the start, but over pump on a rock chip ann and more often than not get burnt.

Expand

""but if it was a trade it probably should have been cut like I did with ASN, its harsh ""

True Kipper.

I will have to cut it like you did on ASN as cant afford to hold.

Rather lose $700 than the lot, so yeah see your point

ASN Price at posting: 7.9¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

What's causing the cost-of-living crisis, and how to navigate it

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

There are more pages in this discussion • 119 more messages in this thread...

First 109 Last

Add ASN (ASX) to my watchlist

(20min delay)
Last 7.8¢		Change -0.001(1.27%)		Mkt cap ! $105.6M

Open	High	Low	Value	Volume
7.9¢	7.9¢	7.6¢	$218.3K	2.832M

Buyers (Bids)

No.	Vol.	Price($)
1	58797	7.7¢

Sellers (Offers)

Price($)	Vol.	No.
7.8¢	108279	4

View Market Depth

No.	Vol.	Price($)
2	43000	0.076
10	237141	0.075
6	402823	0.074
10	1047712	0.073
10	887609	0.072

Price($)	Vol.	No.
0.078	108279	4
0.079	255271	1
0.080	719091	3
0.081	1196140	4
0.082	658609	3

Last trade - 16.10pm 18/10/2024 (20 minute delay)

ASN (ASX) Chart

""but if it was a trade it probably should have been cut like I...

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

What's causing the cost-of-living crisis, and how to navigate it

Macro, Norden set up transport solutions initiative for West Pilbara

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

Nanoveu surges 10% after benchmark testing for new AI chip begins

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

Sierra Nevada raises $2M for silver exploration at Blackhawk

Talga Group wins key permit for flagship graphite mine in Sweden

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

""but if it was a trade it probably should have been cut like I...

Top Stories

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

What's causing the cost-of-living crisis, and how to navigate it

Macro, Norden set up transport solutions initiative for West Pilbara

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

Nanoveu surges 10% after benchmark testing for new AI chip begins

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

Sierra Nevada raises $2M for silver exploration at Blackhawk

Talga Group wins key permit for flagship graphite mine in Sweden

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News