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Tcb007

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01/04/20

12:49

Post #: 43817524
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Originally posted by 1sharetrader1 ↑

All I know is that it is a good time for the Chinese to take major positions in companies that need cash.
Bromine is a big part of the manufacture of many things as a fire retardant on plastic casings of electrical goods and for water treatment and agriculture ,China supplies most of the manufactured products in the world that requires Bromine.
India does a lot of fertilisers and would be looking to expand there manufacturing of many goods for customers who want to move away from purchasing Chinese goods.
It makes sense that the Chinese would want to take a major stake in what could be a very valuable Bromine resource in the USA ,while share prices are low ,or maybe even a company from India.
No one will be happy with issuing shares at such a low price ,but every other company looking for cash in the world is in the same position as ASN.

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What are you going on about Chinese taking major stakes?
Chia is at 20% and can't go higher. If he wants a T/O, everything in the current environment will have to go through Joshy Friedenberg

ASN Price at posting: 1.8¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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(20min delay)
Last 7.7¢		Change 0.000(0.00%)		Mkt cap ! $104.2M

Open	High	Low	Value	Volume
7.7¢	7.9¢	7.5¢	$169.3K	2.202M

Buyers (Bids)

No.	Vol.	Price($)
1	13157	7.6¢

Sellers (Offers)

Price($)	Vol.	No.
7.7¢	113969	2

View Market Depth

No.	Vol.	Price($)
5	226223	0.075
7	342446	0.074
7	545630	0.073
9	824609	0.072
3	1172856	0.071

Price($)	Vol.	No.
0.079	409641	7
0.080	880284	4
0.081	1226780	5
0.082	351614	2
0.083	500000	3

Last trade - 16.10pm 11/10/2024 (20 minute delay)

ASN (ASX) Chart

Ann: Trading Halt, page-19

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Ann: Trading Halt, page-19

Top Stories

Cauldron Energy reports "excellent" uranium assays in latest drill run

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Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Issues emerging as Australian companies tackle critical minerals challenge

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

Defence MOU for propulsion systems pushes Aurora Lab shares higher

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News