Back in May this year ASM provided this announcement....
https://www.asx.com.au/asxpdf/20220516/pdf/4590z0x1r37n7y.pdf
The main points offered were....
Since the company announced this as their forward looking statement it is along these lines I expect the terms of the "material" capital raising to be in agreement.
If instead it is a capital raising based on the current SP and therefore well below the intrinsic value of the company I will feel thoroughly misled and let down. However, it would be uncharacteristic for the management to disappoint in such a manner.
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Last
50.5¢ |
Change
-0.015(2.88%) |
Mkt cap ! $91.57M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 54.0¢ | 50.5¢ | $210.6K | 401.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 28242 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 778 | 1 |
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| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| ASM (ASX) Chart |