ASN 2.08% 11.8¢ anson resources limited

ASN General Discussion, page-17979

  1. 1,502 Posts.
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    Yep, I think it was SP and 200SMA only, which if you extended the downtrend at the time would have intersected at ~14c (was also a historical strong support leading into the 2022 breakout). That was a very plausible scenario in the absence of expected deliverables and a continued weak sector sentiment. So basically he took a bet on "no big ANNs and continued slide for Li sector", a bet won. Noone on this forum expected that all deliverables guidance for H2 2023 would be missed, but they were and the "nothing happens" scenario panned out. What he didn't do, was justify or explain how he came to that conclusion, not even as simply as I have explained above. THAT (along with being an insufferable bellend) is why everyone ridiculed him.

    People who feel they need to poke and ridicule others to get a rise to make themselves feel big, are just very small, sad human beings. Why let such sad people get to you? The SP sucks, but the company is ticking along steadily (as evidenced by the amazing info some posters have been able to dig up). ASNs time in the sun will come, the next 6-12months will be telling.
 
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