ASM 3.11% 78.0¢ australian strategic materials limited

My 2 cents worth would tend to suggest it is related to the...

  1. 195 Posts.
    lightbulb Created with Sketch. 24
    My 2 cents worth would tend to suggest it is related to the performance of the KMP and his inability to reach nameplate capacity. DW talked of "bottlenecks" and I think you will find he probably has not made the correct or any decisions to fix the problems.Could be burning millions of dollars producing end product that is not up to scratch(purity) or there may be one part of the process that takes 3 times longer than the rest and he will not take the advice of the production management and get it fixed. IG steps in and says enough is enough
 
watchlist Created with Sketch. Add ASM (ASX) to my watchlist
(20min delay)
Last
78.0¢
Change
-0.025(3.11%)
Mkt cap ! $141.2M
Open High Low Value Volume
80.5¢ 81.0¢ 77.5¢ $427.1K 536.9K

Buyers (Bids)

No. Vol. Price($)
2 2053 78.0¢
 

Sellers (Offers)

Price($) Vol. No.
80.0¢ 10000 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
ASM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.