ASN anson resources limited

Tab thanks for posting this.This para is relevant for ASN."The...

  1. 139 Posts.
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    Tab thanks for posting this.

    This para is relevant for ASN.

    "The later stage companies (those doing feasibility, permitting and money raising) can have an excellent entry point for investors – they often enter a quiet period when they are doing the advanced studies and raising money to go into production. They often base (a flat share price) for quite a while through this period – possibly a good time for accumulation of their shares if you believe in the story.After the money is raised for production investors can see they are going mining – cash flow is just over the horizon – and the share price will often break out of its trading range."

    It's a very interesting time for ASN. I believe in the story so I am looking forward to the milestones being achieved.

    Management is strongly aligned with shareholder to get this done. As a reminder, Bruce has shares/rights totalling 37.7m shares and Peter Knox 20.6m shares. They have more riding on this than most holders, except perhaps @Elinas ! That gives me confidence that ASN will be successful.

    (Refer below from 30 June 2024 Annual Report released on 26 September 2024 page 27)

    https://hotcopper.com.au/data/attachments/7095/7095971-9948b47b0aac1474ac270db10501a395.jpg
    GL to ASN and to holders.

 
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Last
4.6¢
Change
0.001(2.22%)
Mkt cap ! $63.78M
Open High Low Value Volume
4.4¢ 4.6¢ 4.3¢ $61.60K 1.371M

Buyers (Bids)

No. Vol. Price($)
2 50000 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.6¢ 106998 2
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
ASN (ASX) Chart
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