Geopolitical Tensions Could Propel $ASM to New Highs The latest developments in the South China Sea, where the Philippines and China are trading accusations of ramming ships, are sending shockwaves through global supply chains. This rising tension is a clear signal that the world needs secure and reliable sources for critical minerals—and that’s where $ASM comes into play.Why $ASM is Poised for a Breakout:Strategic Positioning for Supply Chain Security: With the South China Sea becoming increasingly volatile, global markets are eyeing alternative sources for rare earth elements. $ASM, with its strong foothold outside of China, is perfectly positioned to meet this growing demand.Surging Demand for Non-Chinese Critical Minerals: As the world looks to reduce its dependence on unstable regions, $ASM’s operations in Australia are gaining significant attention. This could lead to a surge in demand, driving prices higher and setting the stage for a strong rally.Potential Influx of Strategic Investments: With geopolitical risks on the rise, investors are likely to flock to companies like $ASM that offer stability and security. This influx of capital could propel $ASM to new highs as it becomes a key player in the critical minerals market.Market Poised for a Bullish Response: Markets respond to uncertainty by seeking out secure assets. $ASM, with its critical role in defense, technology, and energy sectors, is becoming a go-to choice for those looking to hedge against geopolitical risks.The Bottom Line:As tensions escalate, $ASM’s potential for growth is skyrocketing. The market is recognizing the value of secure, non-Chinese supply chains, and $ASM is at the forefront of this shift. Don’t miss out on what could be the next big breakout.Disclaimer: This article is for informational purposes only and should not be considered financial advice. Investing in stocks carries risks, and you should conduct your own research or consult with a financial advisor before making any investment decisions. The author is not responsible for any financial losses that may occur as a result of investing in the stocks mentioned.
https://www.aljazeera.com/news/2024/8/31/philippines-china-trade-accusations-of-ramming-ships-in-south-china-sea
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australian strategic materials limited
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Last
62.0¢ |
Change
0.005(0.81%) |
Mkt cap ! $112.4M |
Open | High | Low | Value | Volume |
61.5¢ | 62.0¢ | 59.5¢ | $63.68K | 103.9K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 204 | 60.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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62.0¢ | 5866 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 204 | 0.605 |
1 | 4858 | 0.595 |
3 | 3051 | 0.590 |
3 | 19428 | 0.585 |
4 | 105455 | 0.580 |
Price($) | Vol. | No. |
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0.620 | 5866 | 2 |
0.630 | 8300 | 1 |
0.635 | 10374 | 2 |
0.640 | 35000 | 2 |
0.650 | 31561 | 2 |
Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
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