Morning Momentum – Big Moves Ahead and Targets in Sight!
Good morning! With the market opening +9, we’re set for a strong day.
We came so close to breaking through .64 yesterday, and today could be the day we hit that key resistance level and start aiming for .71 and .73. A close over .73 would be a great way to wrap up the week, but don’t forget—our long-term goal is to break through .98 and beyond.
The big news? Rowena was just issued performance rights the other day—this means ASM has been hitting its targets, and that’s a clear sign we’re on track for some serious upside.
When a CEO gets performance rights, it shows the company is delivering, and that’s exactly what’s happening here.
Let’s also not lose sight of the bigger picture: The Koreans bought in at around $7.80 after doing their due diligence, so that’s where the true floor is.
Once we reclaim that, we can start setting sights on $14 and $20.Support’s sitting at .60 today, and with the futures roll on the 19th, there’s likely to be some volatility—but we know the real story here is the long-term upside.
Stay focused, and let’s make the most of today’s momentum.Onwards and upwards!
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Last
61.8¢ |
Change
0.003(0.41%) |
Mkt cap ! $111.5M | |||
| Open | High | Low | Value | Volume |
| 61.5¢ | 62.0¢ | 60.5¢ | $50.91K | 83.07K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1121 | 61.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.0¢ | 6927 | 3 |
View Market Depth
| Last trade - 14.37pm 18/06/2025 (20 minute delay) ? |
| ASM (ASX) Chart |