ASM 4.35% 48.0¢ australian strategic materials limited

ASM Chart Thread, page-4677

  1. 3,038 Posts.
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    I remain an ASM supporter and patiently await a revival.
    Perhaps what was seen up to October was a Poseidon style hysterical over-valuation.

    Those who perceived that the price had got too far ahead of itself may have seen a golden shorting opportunity.
    By deflating the bubble the price has retreated to a more rational level.

    The recovery when it comes might (or might not) be calm and steady. I would prefer calm growth.
    The magic pudding believers may then be right, but on a more sustainable basis.
    That route might also bring in many more much needed buyers.

    Much as a short squeeze would delight the loyal holders through the downturn, it may or may not happen.
    Having been called an idiot for complaining about the excessive volatility I await a true and genuine price appreciation.

    Perhaps then ASM will perform as well as LYC, PLS and WR1. Winsome is of course still in its infancy.
    Hopefully a time is coming when the whole market segment is priced on facts not fantasy.

    "Call me not fool, till heaven hath sent me fortune"
    Wm Shakespeare, "As you like it"

    Bon Voyage, Recherche
 
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Last
48.0¢
Change
0.020(4.35%)
Mkt cap ! $87.00M
Open High Low Value Volume
47.0¢ 50.0¢ 47.0¢ $124.9K 258.8K

Buyers (Bids)

No. Vol. Price($)
3 11491 48.0¢
 

Sellers (Offers)

Price($) Vol. No.
49.0¢ 5454 1
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
ASM (ASX) Chart
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