Yes the fundamentals on paper are strong. Hence why a lot of LTH are still here after the last 2 years.Trapped? Nah mate. From it. Simply providing my view and then answering some questions.
I think you may be underestimating ASN's cash burn. Q will outline more.
Is it a lack of experience from management to have expected to achieve funding with so many major issues outstanding? No off take, no permits, no on site demo?
Can you please answer that question as an example?
Trapped? Nah mate. From it. Simply providing my view and then...
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $167.7M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.5¢ | $251.7K | 1.944M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 616233 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 19406 | 3 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
13.0¢ |
Change
-0.005 ( 3.20 %) |
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| Open | High | Low | Volume | ||
| 13.0¢ | 13.5¢ | 12.5¢ | 1240861 | ||
| Last updated 15.57pm 09/05/2024 ? | |||||
| ASN (ASX) Chart |