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1.45%

6.8¢ anson resources limited

ASN General Discussion, page-21762

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Chris2184

10,833 Posts.

2322

09/10/24

08:42

Post #: 76037473
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Originally posted by sharebroker1: ↑

No problems you will see.

from a fundamental point of view a $50m Ev is high for ASN, that's 3.5 cents.

This is my opinion going off many many peers, and imo the only reason ASN is this high MC is because a lot of traders don't realise the vast shares on issue here, near 1.4 billion.

in my opinion a sell down to the 5 cents range is a very real possibility here, but hey you have your opinion which has been wrong so many times and J have mine.

The cash is the problem here, , if ASN hit the $30m debt facility then it most likely gets worse

have a great day

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From a fundamentals point of view I think ASN should be at least $300-400 million MC as it stands. This is my opinion going off a SOI of 1.3B which is standard for a company nearing production.

Having $40 million available and pending $500 million ASN is in a fantastic position.

Don’t forget LG Energy, KOCH and Sunresin are partners.

But hey, you think MAN is worth 2-3 times ASN lol

Reminder, everything I post is my opinion only.

Last edited by Chris2184: 09/10/24

ASN Price at posting: 7.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.8¢		Change -0.001(1.45%)		Mkt cap ! $94.15M

Open	High	Low	Value	Volume
6.9¢	6.9¢	6.7¢	$37.30K	549.2K

Buyers (Bids)

No.	Vol.	Price($)
2	83886	6.7¢

Sellers (Offers)

Price($)	Vol.	No.
6.8¢	102800	2

View Market Depth

No.	Vol.	Price($)
2	83886	0.067
2	175000	0.066
7	476429	0.065
2	220000	0.064
2	340000	0.063

Price($)	Vol.	No.
0.068	102800	2
0.069	359992	6
0.070	19745	1
0.071	3000	1
0.072	2234	1

Last trade - 16.10pm 11/11/2024 (20 minute delay)

ASN (ASX) Chart

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