If you have followed my posts here over previous years till now you will have seen time and time and time again, the Idiocy SP Events I posted have almost always been the point at which ASN SP turns around. With a few exceptions but never by very much. I call it Idiocy because it is where the weak throw their shares away to the strong hands. A Clown Effect SP Event is where it is mighty close to Idiocy yet might still not get there before it turns around.
My most recent call, while everyone else was calling for "to the moon," was after the high of 17.5 cents that an Idiocy SP Event would be 10 cents. The rest is history.
12 cents is down 33+% from the recent high. I'd call that Idiocy every day of the week considering what ASN has and is working on. So now we will see how much further if any it can drop from here. Or will this call be yet another I can add to my list of correct calls.? Time will tell, and it's been very kind to me here at ASN.
If we see 10 cents again that would be a Ludicrous SP Event.
Hope that helps.
All the very best
TOWB
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Last
12.5¢ |
Change
0.015(13.6%) |
Mkt cap ! $161.0M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.5¢ | 11.3¢ | $234.9K | 1.963M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 286458 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 938553 | 11 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
0.015 ( 13.6 %) |
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| Open | High | Low | Volume | ||
| 11.3¢ | 12.5¢ | 11.0¢ | 1221669 | ||
| Last updated 15.53pm 03/05/2024 ? | |||||
| ASN (ASX) Chart |