Given this mgmt's penchant to get all the right boxes ticked, I...

Given this mgmt's penchant to get all the right boxes ticked, I have no doubt they have moved the metals business up to ASM Ltd, rather than continue to hold it thru ASMH, as last year's AR structure suggests. Would love to see something from the coy to confirm this tho.

As for yesterday's trading, that was something else. ASM has recently been inundated with low value trades under $500, around 50% of all trades fell into this category. Yesterday's total number of trades was 8,497 (a week ago it was around 2,300!). The percentage of trades less than $500, amounted to 59% (or 5,035 out of the 8,497), but 1,877 of the 5,035 were for 10 shares or less). So, that's not retail, although granted some trades would have spilt over to fulfil orders, not that many tho!

There were 3,182 trades (37%) between $500 to $10k, and 203 trades between $10K and $25K, so that's more likely retail.

Interestingly, there were 74 trades in excess of $25K, with 2 large trades at 11.15am - 1. for $1.64M (203,484 shares) and the other for $1.83M (226,934 shares). Both were coded S3 XT. In all, over 40% of all shares traded were soaked up in the larger trades, so it certainly looked like larger players have been jockeying for position here, which is also suggested by the large portion of low value trades used to mess around with pricing!

Anyway, just my thoughts. Sorry @Geeenius, didn't mean to put all that analysis in response to your post, just the first sentence. All good in the ASM world ...
J22