ASM australian strategic materials limited
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Agree.I don't believe it has anything to do with shorters - that...

  1. rpower80
    1,423 Posts.
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    03/02/23
    13:07
    Post #: 66054523
    Agree.

    I don't believe it has anything to do with shorters - that has been smashed around for months and months, along with solid predictions of "we are bottom".

    Just like the rapid decline in SP was as a result of fundamentals (missed timelines, funding falling through, less metal plants etc....).

    This relatively rapid increase in SP has to be based on fundamentals improving (i.e. funding being progressed or/and offtakes being close).

    Shorters maybe closing out on the above improvement in fundamentals.
    ASM Price at posting: $2.33 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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