ASM (ASX) ASM Chart Thread

ASM

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99.3¢ australian strategic materials limited

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bobhh

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17/05/22

15:14

Post #: 61456084
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Originally posted by Aquarius11: ↑

Hi All ASM long termers
Share Price Weakness and Shorters.
I see references about Is this stock being played. Well I was surprised to see the SP down again after yesterdays good price incremental announcement. After a decent bump up, it softened yesterday, and currently is 11% down today.

So is that related to fundamentals, the need for capital in this market. I THINK NOT.
Posters were doing the sum yesterday saying based on the positive announcement of yesterday and the pledging of further millions to the company, the share price indicative was USD$7.80 / ~A$13.

Well why so far down today? Well at 2:30pm today, I downloaded the course of sales, sorted it to find:
654 1 unit sales,
959 2 unit sales,
1124 3 unit sales,
1279 4 unit sales, .....looking at this in $ value trades, there were to 2:30pm
7240 trades of less than $500 trades.
Well mums and dads can't do <$500 trades, those trades are from the "professional" end of town where brokerage is not charged on each trade. I just shake my head continuously about the lack of ethics, sense of fair play, and worse the number of and acceptance of these low life people / businesses and regulators that supposedly the man in the street should look up to.
SO, fundamentally nothing has changed from yesterday, and not much except more money to the company when our share price was $14. NOW, due to the fundamentals I will continue to ignore the SP as I expect equilibrium will return.
SERIOUSLY, how can this low unit bot trading be allowed to continue?

Expand

Aquarius :- I and many others (I am sure) could not agree MORE !!!!!!
please continue to elucidate my (and I am sure !!!!)
my - and MANY others - feelings/beliefs

Originally posted by Aquarius11: ↑

Hi All ASM long termers
Share Price Weakness and Shorters.
I see references about Is this stock being played. Well I was surprised to see the SP down again after yesterdays good price incremental announcement. After a decent bump up, it softened yesterday, and currently is 11% down today.

So is that related to fundamentals, the need for capital in this market. I THINK NOT.
Posters were doing the sum yesterday saying based on the positive announcement of yesterday and the pledging of further millions to the company, the share price indicative was USD$7.80 / ~A$13.

Well why so far down today? Well at 2:30pm today, I downloaded the course of sales, sorted it to find:
654 1 unit sales,
959 2 unit sales,
1124 3 unit sales,
1279 4 unit sales, .....looking at this in $ value trades, there were to 2:30pm
7240 trades of less than $500 trades.
Well mums and dads can't do <$500 trades, those trades are from the "professional" end of town where brokerage is not charged on each trade. I just shake my head continuously about the lack of ethics, sense of fair play, and worse the number of and acceptance of these low life people / businesses and regulators that supposedly the man in the street should look up to.
SO, fundamentally nothing has changed from yesterday, and not much except more money to the company when our share price was $14. NOW, due to the fundamentals I will continue to ignore the SP as I expect equilibrium will return.
SERIOUSLY, how can this low unit bot trading be allowed to continue?

Expand

Last edited by bobhh: 17/05/22

ASM Price at posting: $5.15 Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 99.3¢		Change -0.003(0.25%)		Mkt cap ! $178.3M

Open	High	Low	Value	Volume
99.5¢	99.5¢	99.0¢	$343.9K	346.7K

Buyers (Bids)

No.	Vol.	Price($)
1	108	$1.02

Sellers (Offers)

Price($)	Vol.	No.
89.5¢	1400	1

View Market Depth

No.	Vol.	Price($)
1	108	1.020
2	882	1.015
1	154	0.995
8	29840	0.990
1	3000	0.985

Price($)	Vol.	No.
0.940	1064	2
0.975	7442	1
0.995	43660	5
1.000	76261	6
1.005	12000	1

Last trade - 15.59pm 30/05/2024 (20 minute delay)


Last 99.0¢		Change -0.003 ( 0.50 %)
Open	High	Low	Volume
99.0¢	99.5¢	99.0¢	43173
Last updated 15.58pm 30/05/2024 ?

ASM (ASX) Chart

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