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$1.02 australian strategic materials limited

ASM Chart Thread, page-131

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suntboy

195 Posts.

24

12/01/21

11:52

Post #: 50107661
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Originally posted by money123: ↑

Guys I think your missing the point here, this is a retail punting stock. It’s gone from $1 to almost $7 on no substantial announcements. Cash burn is high and it’s cum another substantial raising in March at the latest. Good prospects yes, and an interesting tech capability but a pure punt. Outside of management no value managers on the register.

A number of you refer to your charts and set levels - sorry guys but the stock hasn’t been listed long enough to refer to technicals. These are very short term if anything. I don’t know why anyone is surprised and panicking at the fall - the bigger question is why retail bid the price up so much - another momentum trade coming back to reality.

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Cash burn high???? Please explain

ASM Price at posting: $5.48 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last $1.02		Change -0.010(0.97%)		Mkt cap ! $185.1M

Open	High	Low	Value	Volume
$1.02	$1.02	$1.01	$20.11K	19.73K

Buyers (Bids)

No.	Vol.	Price($)
1	3000	$1.02

Sellers (Offers)

Price($)	Vol.	No.
$1.02	14955	9

View Market Depth

No.	Vol.	Price($)
1	3000	1.015
4	11335	1.010
4	7473	1.005
6	15695	1.000
1	2250	0.995

Price($)	Vol.	No.
1.020	8270	7
1.030	16628	3
1.035	21278	9
1.040	32000	1
1.045	40000	1

Last trade - 10.20am 02/05/2024 (20 minute delay)


Last $1.03			Change -0.010 ( 0.51 %)
Open	High		Low	Volume
$1.02	$1.03		$1.02	470
Last updated 10.41am 02/05/2024 ?

ASM (ASX) Chart

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