IG bitten off more than he could chew trying to push KMP and Dubbo simultaneously without the strong backing of governments against the weight of China in the RE market. he can't do anything given how china controls the whole RE value chain. Lynas is the only RE company to get up over the past 10 years from the ASX and do well, and only because it had the backing of the japs when China cut off japan from the RE supply chain. ASM won't be going anywhere until AUS/SK/USA/JP step in with hard cash and commitment to offtake. ASM's sitting around tables with various governments but nothing is materialising. a complete failure of management to get a deal done while ARU is steaming ahead, and i suspect it is because IG doesn't want to give away the company for cheap. well now it's going to be even cheaper and more dilutive to shareholders because he's stuffed around too long.
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Last
67.0¢ |
Change
0.030(4.69%) |
Mkt cap ! $117.8M |
Open | High | Low | Value | Volume |
68.0¢ | 68.0¢ | 64.0¢ | $197.7K | 297.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12500 | 65.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
67.5¢ | 1440 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12500 | 0.650 |
2 | 11503 | 0.645 |
4 | 9657 | 0.630 |
1 | 5000 | 0.625 |
1 | 10000 | 0.620 |
Price($) | Vol. | No. |
---|---|---|
0.675 | 1440 | 1 |
0.680 | 3111 | 2 |
0.690 | 24332 | 4 |
0.695 | 4000 | 1 |
0.700 | 27977 | 6 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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