ASM 3.77% 82.5¢ australian strategic materials limited

Ann: Dubbo Project Optimisation Delivers Strong Financials, page-34

  1. 2,334 Posts.
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    "Will we be green or red like every other great announcement."

    Generally red 9/10 times for just about every stock that posts a positive ann.
    Green down the track.
    I suspected the build cost would increase markedly from the 1.080 bill several years ago to the current projected cost but that is situation normal anyway.
    Nothing new here, great news and a well compiled ann as usual from such a professional team.
    Just another brick in the wall....
    A lot of finance to obtain but as previously pointed out the payback period is sound and eventually the share price will respond accordingly.
    I would still be most surprised if there was not a CR of sorts in the future but I am comfortable with that. Will cop the dilution but it should lead to eventual decent gains?
 
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