Chill out dude. It's only been off the ATH for a few months.
ASM was my second ever investment. I was late to the party buying in late January at about $5 after it came off its previous ATH. I watched it waste away at low volume for 6 months, & thought about selling countess times. Would have been pretty dumb in hindsight.
From memory the Framework Agreement for Dubbo values the business at about $12 a share which excludes all metalisation plants. Buying at under $12 is clearly a steal.
Imo of you believe ASM will pull off the agreement ASM is a strong BUY. If you see Dubbo being delayed then for me it is still a HOLD because of the easily expandable metalisation business.
ASM Chart Thread, page-3748
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Last
63.5¢ |
Change
0.045(7.63%) |
Mkt cap ! $115.1M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 70.0¢ | 58.0¢ | $586.5K | 891.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2999 | 63.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 66.5¢ | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| ASM (ASX) Chart |