It seems to me that we are in dire need of help for funding the Dubbo project, which is why Dubbo’s expected future revenue/profit is not accounted for in our market cap.
Once we get bankable off-taker or stratigic investor or some sort of indication that Dubbo will in fact takeoff, I think we will quickly quadruple in price.
I don’t think 4million shares short sold is causing this company to be valued at $130m (excluding cash at hand).
I mean there is a real risk that KCF never come back to the party. The company hasn’t really provided any alternative pathway to fund Dubbo yet. We, here in this forum, have speculative how funding will come, but the hasn’t provided any alternative pathways except that they’ve been talking to others who might be interested.
But, the opportunity and risk to reward ratio is huge to me!
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ASM
australian strategic materials limited
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57.5¢

It seems to me that we are in dire need of help for funding the...
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Last
57.5¢ |
Change
0.015(2.68%) |
Mkt cap ! $104.2M |
Open | High | Low | Value | Volume |
56.0¢ | 59.5¢ | 55.5¢ | $122.7K | 211.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 25000 | 56.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
58.5¢ | 125000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.565 |
2 | 10320 | 0.560 |
1 | 18018 | 0.555 |
4 | 11900 | 0.550 |
2 | 9000 | 0.540 |
Price($) | Vol. | No. |
---|---|---|
0.585 | 125000 | 1 |
0.590 | 12000 | 1 |
0.600 | 140500 | 5 |
0.620 | 32343 | 5 |
0.630 | 4006 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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ASM (ASX) Chart |