ASM australian strategic materials limited

I did not need to as I have been following ASM since December...

  1. 643 Posts.
    lightbulb Created with Sketch. 46
    I did not need to as I have been following ASM since December 2020. No need to go over them again.

    ASM does have a track record of shiny promises (Quarterly, none-binding MOUs, AGMs, cool pictures, etc), it just does not deliver what it says it will do. I know what I am saying annoys die-hard supporters here, but people getting upset here is totally irrelevant to what is currently happening at the company. I mean the SP speaks for itself. We are priced at $255m with $60m cash and Dubbo lands and KSM. It is evident to me that very little future profit is priced in. I think this is due to past performance and lack of confidence in Quarterly and AGMs that you are referring to.

    Once they have real offtake agreements (not a pathetic 10-tonne from which we deliver 3t), banking in revenue and start seeing more than promises, I am sure ASM forum will get busy again.

    Until then it is just a handful of people me, you and a few others talking to each other.

    Last edited by Dariiush: 18/01/23
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
53.0¢
Change
-0.005(0.93%)
Mkt cap ! $97.01M
Open High Low Value Volume
53.0¢ 54.3¢ 53.0¢ $74.33K 138.6K

Buyers (Bids)

No. Vol. Price($)
13 43363 53.0¢
 

Sellers (Offers)

Price($) Vol. No.
53.5¢ 17646 2
View Market Depth
Last trade - 14.05pm 24/06/2025 (20 minute delay) ?
ASM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.