Fundamentally Anson is quite strong, financially not so strong as they should have cap raised at 11 cents when I called for it, big mistake by management, it is clear that the URA ETF were going to have to sell shares based on there shares outstanding on issue in the URA ETF, it is clear that the Lithium sector is crashing and burning along with the overheated markets, yet management does not raise cash with a placement.
Those who read the facts presented before them correctly and who are in some cash, may do quite well soon as many other punters talked it up and along with others who may have spent most of there cash, group think like in a private organized chat forum is never a good thing, it can cost you dearly as your consciousness can be manipulated or changed, always think for yourself, the individual soul always knows more than the group.
And what if the URA ETF dumps another large lot of shares as the Uranium market cools off.
Being a large holder will never stop me from my duties of service to others, be it helping or providing guidance to those interested.
IM sure that no matter what happens with the ASN share price, that it will recover again after a short to medium term experience.
ASN Price at posting:
9.7¢ Sentiment: None Disclosure: Held
