ASM 1.29% 76.5¢ australian strategic materials limited

Ann: ASM receives US$600M ($A923M) Letter of Interest from USEXIM, page-59

  1. 10,283 Posts.
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    It hit $1.65 this morning but now back in the $1.40's range.
    Probably overbought at $1.65 (but not necessarily a bad buy) but the big pull back likely has a lot of short selling involved. The authorities clearly have no problem with share price manipulation by short-sellers despite the damage to the markets. It is much more serious that the little bit of insider trading that might have occurred here (IMO).
    Last edited by bobadah: 21/03/24
 
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