Flag two is the point at which the Koreans valued the company and paid around 7.8 a share. I am unsure of the exact amount. The DD was done by professionals, and they valued the company at that price - which of course is an undervalue as they would only buy something that will go up in value. Because of missed timelines, the price dropped; however, under Rowena we are NOW actually seeing progress. I expect as news flows we go up and above this price where it can go to will depend on how many contracts she has been working on drops . USA contract is big and means all other potential contractees will now be assured that the company is a safe bet.
There is supposed to be more funding / grants announced in Sept. This is also in general; - more grants announced in general at this time that are not Minning-specific.
I assume now we will see posters, shorters, etc try and slow the rapid rise so shorts can exit and new entrants can buy in at cheaper levels
We know about the GME (USA STOCK) and what happened when everyone just held the stock. If retail chooses to hold and not sell ( See Reddit SuperStonk thread) you can see what can be done to a company when people band together to take on the shorts.
ASM Price at posting:
$1.83 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)