ASM 0.00% 50.5¢ australian strategic materials limited

”The total cost of the road and bridge upgrades is estimated to...

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    ”The total cost of the road and bridge upgrades is estimated to be $20.4 million. ASM will co- contribute $10.4 million to the cost of the works.ASM plans to commence the upgrade activities in calendar year 2023.

    I might be drawing the wrong conclusion but the grant of $10m pays for our contribution towards the road improvement.

    By giving us a grant and then making us contribute to the cost of the road upgrade, the government cannot be accused of totally paying for the road to support a company. In effect the government is paying for it, but they cannot be accused of favouring a public company.
 
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51.0¢ 53.0¢ 50.5¢ $160.9K 312.7K

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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
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