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.
- Forums
- ASX - By Stock
- ASM Chart Thread
Flag two is the point at which the Koreans valued the company...
-
-
- There are more pages in this discussion • 1,000 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ASM (ASX) to my watchlist
|
|||||
Last
75.0¢ |
Change
-0.015(1.96%) |
Mkt cap ! $135.8M |
Open | High | Low | Value | Volume |
75.5¢ | 76.5¢ | 73.0¢ | $412.9K | 556.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 149671 | 74.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
75.0¢ | 1159 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 149671 | 0.740 |
4 | 33500 | 0.735 |
4 | 468576 | 0.730 |
4 | 13880 | 0.725 |
1 | 5000 | 0.720 |
Price($) | Vol. | No. |
---|---|---|
0.750 | 1159 | 1 |
0.760 | 1300 | 1 |
0.765 | 1000 | 1 |
0.790 | 1500 | 1 |
0.800 | 7620 | 3 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
Featured News
ASM (ASX) Chart |