Exactly, the fundamentals with ASM have not changed, just the timeline has blown way out.
IG has to make this work and that gives me extra belief ASM will be a success!
I guarantee, on IG 2023 plan, ASM to be a success will be at the top of the list.
IG stated at the alkane AGM 3 weeks ago he had no intention to sell more shares, then sells a few more million shares in the last week or two because he needs the cash, he is bleeding cash somewhere.
Without a doubt, he will be saying to himself, f* me, my ASM shares were worth nearly $500m a year ago, now im going back on my word and selling a few million dollars worth of alkane to cover other positions.
IG wants his $500m back and we want to see $14 a share, let’s hope we all win in 2023/2024 in what could be a rough couple of years globally!
ASM Price at posting:
$1.42 Sentiment: Buy Disclosure: Held
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