Very noteable change in "trading mentality " over the past few days ...and not ( as yet ) daunted by the Release of the Quarterly !
Justifiably so , if you read it closely ! Put that conversation aside , temporarily !
Back to "trading mentality and patterns "....
Seems to me ...that the robotic selling by """xxxx groups"""" .....has likely changed into robotic buying ....by the same """xxxx groups""""!
When ...and if ... an Instituitional investor ... or a Broker ( the likely candidate , Bell Potter ..who supported the last capital raise at $1.73 ) ...decide that there is now substance to support this rise ....and bigger chunks of trades start to appear , the watch this space !
Price nothward bound ,,, finally ! Give it time , but the pace should increase .
Lets be satisfied ....that there has been a base formed ...and this isn't just a temporary trading lift # read dead cat bounce # !!!!!
For my 10c worth .....there is justification , that the "smart money "is no longer a seller , but a buyer that will relish the dips and buy more !
AIMHO
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ASM
australian strategic materials limited
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52.0¢

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-34
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Last
52.0¢ |
Change
-0.010(1.89%) |
Mkt cap ! $94.29M |
Open | High | Low | Value | Volume |
53.0¢ | 55.5¢ | 52.0¢ | $81.11K | 152.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 76139 | 52.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
53.5¢ | 2468 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 76139 | 0.520 |
1 | 5000 | 0.515 |
2 | 10200 | 0.510 |
1 | 2815 | 0.505 |
14 | 144727 | 0.500 |
Price($) | Vol. | No. |
---|---|---|
0.535 | 2468 | 1 |
0.545 | 2500 | 1 |
0.550 | 17508 | 1 |
0.560 | 37340 | 2 |
0.565 | 19900 | 1 |
Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
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ASM (ASX) Chart |