ASR asra minerals limited

So why are we investing in ASR? Are we simple fools who waste...

  1. 5,120 Posts.
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    So why are we investing in ASR? Are we simple fools who waste time and energy without research and are merely curious and never undertake calculated risk with limits? Are we silly fools and not discerning enough and may have made a mistake and are trapped because we can't read the play and put all our eggs in one basket? Are we scornful fools who want to be the heroes of other fools who do not take responsibility for their own decisions but want to blame others? Are we sensual fools who have been dazzled by the rewards or are we just steadfast fools who are inflexible and cut off our nose despite our face with comments that are not thought through and we hold.

    No, some have done the SWOT analysis and on balance, IMO, the reward is greater than the risk albeit in a longer time frame based on probability in a risk verses reward scenario for a speculative stock, not a mature stock. That timeframe may not be suitable for some, but to others in a volatile environment, the adaptive nature of management, despite some early shortcomings in the minds of some (induced by Covid and lab delays) when time and market power behind the scenes were the enemies, management have re-positioned the company for growth and through a plan they have stuck to and advocated for all to know. This is evidenced by the rise in share price. There have been ample opportunities for traders to take profits. The Weinstein analysis of cycle stages is clear. We all should know that those parameters are stretched by up ramping and down ramping by stakeholders to maximise proftit. The discerning person knows the difference and understands how the market works. It is caveat emptor.

    The plan management advocated to build on the gold discoveries continues to bear fruit. The added bonus of rare earths in this political environment is warmly received for opportunities now open to the company.
 
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(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $7.983M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
46 157862693 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 21024725 5
View Market Depth
Last trade - 16.12pm 19/06/2025 (20 minute delay) ?
ASR (ASX) Chart
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