I do not think so, I think it's close to bottom, worst case scenario 3.8cents ... it's too advanced to even be this price but the market is what it is.
Traders know and they accumulate at these levels, then sell into the news. Just the way it is. ASN need production, sales, and stop cap raising IMHO ... so if you hold long enough sure, very bright future, but this is the typical phase of going from explorer to miner.
I like ASN's other by-products which is where I think they got the wood on LKE ... time will tell.
ASN vs LKE, page-40
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Last
6.5¢ |
Change
-0.004(5.80%) |
Mkt cap ! $90.00M | |||
| Open | High | Low | Value | Volume |
| 7.0¢ | 7.0¢ | 6.5¢ | $184.5K | 2.789M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 358747 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.6¢ | 120000 | 1 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| ASN (ASX) Chart |