ASM 3.51% 59.0¢ australian strategic materials limited

Ann: USD 15 m Subscription Agreement at AUD 8.90 per share, page-50

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  1. 1,393 Posts.
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    ASM has reached a tentative agreement to sell 30% of the KMP for $50 million USD. This is the same plant that cost $40 mill to build. So ASM got the plant paid for, trousered 10 mill and still own 70%! What's not to like?!!!!
 
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