Now I am not personally a big believer in charts or technical analysis for future movements, but they do make excellent demonstrative tools. Just a little reminder to all what ASM did after the usual EOFY sell down late 2023FY:
A qtry activities report end of July didn't hurt, nor the Vietnam, VTRE and Blackstone MOU, but the big mover (on 3 August) to a $2.25 high? The long term sales agreement with USA Rare Earths LLC.
Hands up who thinks we are rather overdue a couple of larger deals than that in forthcoming months? Good luck ASM holders. Personally am all in as I am going to be for while on the usual EOFY tax sale down - always painful for those who do stay in. People complain this is a traders' stock, but it rather wouldn't be if investors didn't steadily pile in with exuberance, and steadily sell out with lack of patience - it being worn understanble but selling because of a lack of it not.
As I have shown before, to scathing, ASM and ALK combined now trade below their joint pre-merger value, and for the progress in ASM, and allowing for the disappointment of the drop from the exuberant 2021 highs, that's just a bit silly from a valuation perspective.
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Last
78.0¢ |
Change
-0.025(3.11%) |
Mkt cap ! $141.2M |
Open | High | Low | Value | Volume |
80.5¢ | 81.0¢ | 77.5¢ | $427.1K | 536.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2053 | 78.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
80.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 0.780 |
1 | 10000 | 0.775 |
1 | 17270 | 0.770 |
1 | 1290 | 0.765 |
2 | 2367 | 0.760 |
Price($) | Vol. | No. |
---|---|---|
0.800 | 10000 | 1 |
0.815 | 31443 | 1 |
0.820 | 55383 | 3 |
0.835 | 1197 | 1 |
0.860 | 2208 | 2 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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