ASM australian strategic materials limited

Not a massive believer in technical analysis for stocks, beyond...

  1. 9,060 Posts.
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    Not a massive believer in technical analysis for stocks, beyond short term trading, but lets have a little look at the behaviour of ASM share price vs MP Materials, one of the largest NdPr producing prospects in the US, since the Chinese began applying the screws in rare earths:

    https://hotcopper.com.au/data/attachments/6797/6797897-f411dfa27146b7b948b5a1dffad4a204.jpg
    Something tells me, other RE/CR miners SP movement particularly, the Australian share market, ergo investors, still so decimated by the Lithium and RE exuberance bubbles, are rather under estimating the longer term effects of not a squeeze, but a literal cessation of rare earth supplies critical to so many areas of societal needs, economic or otherwise.
 
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(20min delay)
Last
60.0¢
Change
-0.020(3.23%)
Mkt cap ! $108.8M
Open High Low Value Volume
62.5¢ 63.0¢ 60.0¢ $69.58K 113.9K

Buyers (Bids)

No. Vol. Price($)
3 9973 60.0¢
 

Sellers (Offers)

Price($) Vol. No.
61.0¢ 4125 2
View Market Depth
Last trade - 11.37am 17/06/2025 (20 minute delay) ?
ASM (ASX) Chart
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