The trading of ASM shares suggests the cumulation is going on. Some people are buying shares from weak hands. The key thing is the fundamentals. From the recent Quarterly Report and the Presentation at Bell Potter demonstrate that KMP is doing really well, which is worth hundreds of millions if not a billion, plus the work on Dubbo Project and the margins are getting better and better due to the rise of metal prices such as hafnium.
I am expecting a few updates from ASM very soon, such as NSW approval for the modified mining plan, offtakes, strategic investor, KMP sale contracts...
DYOR
The trading of ASM shares suggests the cumulation is going on....
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