Normally hate making 100% share price increase calls, but $4 by end of 2023 I reckon on a host of emerging sales contracts and cash flows. I never thought I'd get on ASM again, but bought from $2 to the recent lows. Its a great stock for someone willing to trade the range a bit too ().
I was on ALK and never wanted the demerger. Sold out of my ASM too soon before the real exuberance kicked into the share price in late 2021. Won't make the same mistake twice. This stocks fall from grace as much about silly exuberance to gloom sentiment as company shortcomings (stating the obvious, excuse me). The business should both survive and evolve into commercial success.
ASM Price at posting:
$1.94 Sentiment: Buy Disclosure: Held
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