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1.77%

55.5¢ australian strategic materials limited

ASM Chart Thread, page-11541

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Dariiush

613 Posts.

46

06/09/24

12:39

Post #: 75559830
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Originally posted by sharequeen: ↑

Interesting Development!

Wow, 1M ASMOs traded in just two days?

That’s definitely catching some attention. Someone clearly sees major potential in ASM and wants to get in on it, especially with those performance targets in play.As for who’s selling—good question.

It’s possible some holders are locking in gains or shifting their positions, but with so much positive momentum around the stock, it’s hard to imagine the big players letting go of significant amounts.

Ian and his family likely still hold a strong position.

What’s clear is that this much activity around the options is a bullish signal—someone sees something big coming. Whether it's the long-term targets ($7.80, $14) or the critical minerals boom, there’s a lot of excitement brewing here.

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As much as I like your enthusiasm, someone buying 1M at 0.04 is only 40k. It is not like an instituion is buying!
But selling 1M comes from an institution, becasue they would need have owned a lot of ASM shares to get those option allocate d in the first place.

Last edited by Dariiush: 06/09/24

ASM Price at posting: 59.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 55.5¢		Change -0.010(1.77%)		Mkt cap ! $100.6M

Open	High	Low	Value	Volume
56.5¢	58.0¢	55.0¢	$173.1K	308.6K

Buyers (Bids)

No.	Vol.	Price($)
1	12911	55.5¢

Sellers (Offers)

Price($)	Vol.	No.
58.0¢	4975	1

View Market Depth

No.	Vol.	Price($)
1	12911	0.555
3	51842	0.550
4	81647	0.540
2	7000	0.535
3	69080	0.530

Price($)	Vol.	No.
0.580	4975	1
0.585	18863	2
0.590	7198	1
0.595	23354	1
0.600	30000	1

Last trade - 16.10pm 09/10/2024 (20 minute delay)

ASM (ASX) Chart

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