ASM 2.80% 55.0¢ australian strategic materials limited

My opinion is that although large portions of the market will...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,325 Posts.
    lightbulb Created with Sketch. 105
    My opinion is that although large portions of the market will yet have a good sentiment return, ASM has been oversold for some time now and these prices only continue due to constant short selling. Buy pressure is subdued because of the delays but once production figures begin to be released i can only imagine a quick run up back to the teens.

    IMO i maintain that the shorts are struggling to cover and everytime they try the SP moves up much to quickly. Hence the transparent and pathetic attempt by riskarb, literally had one post on another forum before becoming super opinionated on ASM
 
watchlist Created with Sketch. Add ASM (ASX) to my watchlist
(20min delay)
Last
55.0¢
Change
0.015(2.80%)
Mkt cap ! $97.91M
Open High Low Value Volume
54.0¢ 55.0¢ 53.0¢ $63.12K 116.4K

Buyers (Bids)

No. Vol. Price($)
2 4779 54.5¢
 

Sellers (Offers)

Price($) Vol. No.
56.0¢ 709 4
View Market Depth
Last trade - 15.03pm 01/11/2024 (20 minute delay) ?
ASM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.