Look at the market capital of other 'similar' companies who are further down the road. Lots of the future value would be greatly depend on the price of lithium. One 'derisking' factor for ASN is the potential to pivot to other minerals and develop other revenue. The reality is, if lithium is going to be the 'green energy' solution for the next decade then things look positive but as the price of lithium rises more mines become viable and therefore more supply... My gut feel is ASN will have all their ducks in a row and then be gobbled up by a bigger player eg Albemarle.
Look at the market capital of other 'similar'...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ASN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $154.8M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 12.0¢ | $135.5K | 1.128M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 29833 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 152310 | 3 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| ASN (ASX) Chart |