LRS MC $300M now, equiv of 30cps for ASN. That's not worth 1.5c more, it's 13c more!
ASNs nearest peer in my mind, AZL, also exploded today on no news, now at $500M MC. Granted they have recently secured $30M for project development, but that will largely be for the sort of R&D work already completed by ASN on the Paradox project.
If the Mississippian holds the goods we are looking for, and historical data suggests its very likely, then ASN should very quickly re-rate towards $500M MC. Following a favourable DFS and offtake agreement (which could come Q3), ASN should join the $Billion+ MC Club
LRS MC $300M now, equiv of 30cps for ASN. That's not worth 1.5c...
Add ASN (ASX) to my watchlist
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Last
11.8¢ |
Change
-0.003(2.08%) |
Mkt cap ! $151.6M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.8¢ | 11.5¢ | $35.55K | 308.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 131367 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 452705 | 9 |
View Market Depth
| Last trade - 10.57am 31/07/2024 (20 minute delay) ? |
| ASN (ASX) Chart |