ASM 5.98% 48.8¢ australian strategic materials limited

ASM Chart Thread, page-2253

  1. 2,334 Posts.
    lightbulb Created with Sketch. 721
    Why do you value it at 85 a share? What point in time are you thinking this value. I agree it has a long way to go as the shares are so tightly held and you will now start to see asian investors come in and own pieces of it.

    Nah. 85 "bagger" = 85x not 85c a share. I may not have been clear or using sharetraders thread slang
    At the corrected 16.03% the learned have told me my cost base is awful!!! A couple of cents, making it about a 340 bagger !!!!!
    Oh well, what a problem to have that is ha ha

    I was lazy, I should have googled in the first base, I found the tax ruling and point 15 that makes M56 example above correct info :

    15. TheCommissioner accepts that a reasonable apportionment is to attribute:

    ·

    83.97% of the total of the costbases of your Alkane shares just before the demerger to the Alkane shares, and

    ·

    16.03% of the total of the costbases of your Alkane shares just before the demerger to the corresponding ASMshares.


 
watchlist Created with Sketch. Add ASM (ASX) to my watchlist
(20min delay)
Last
48.8¢
Change
0.028(5.98%)
Mkt cap ! $87.91M
Open High Low Value Volume
47.0¢ 50.0¢ 47.0¢ $120.3K 249.2K

Buyers (Bids)

No. Vol. Price($)
1 101 51.0¢
 

Sellers (Offers)

Price($) Vol. No.
49.0¢ 5454 1
View Market Depth
Last trade - 15.59pm 16/08/2024 (20 minute delay) ?
ASM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.