I don't believe anyone should be a holder of ASM unless they have a 2-4 year time horizon or they are a short term trader.
We should expect many cyclical rallies/sell offs as periodic good news (hopefully) is released and then replaced by no news at all. Volatility will be high amongst those wanting to get their money back at very much higher prices and those who lose faith.
Developing technologies demand capital, R&D, and time, as well as technical milestone success.
Having re-acquired a fairly significant stake in the sell off after the CR, I am putting this away in the bottom drawer, with a couple silly offers and silly bids in place should there be a silly trading rush, up or down along the way.
GLTASH
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ASM
australian strategic materials limited
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0.93%
!
54.0¢

I don't believe anyone should be a holder of ASM unless they...
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Last
54.0¢ |
Change
0.005(0.93%) |
Mkt cap ! $98.37M |
Open | High | Low | Value | Volume |
53.0¢ | 54.3¢ | 53.0¢ | $34.06K | 63.35K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 12589 | 53.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
54.0¢ | 17706 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 12589 | 0.535 |
5 | 47828 | 0.530 |
3 | 19076 | 0.525 |
6 | 94979 | 0.520 |
2 | 9076 | 0.515 |
Price($) | Vol. | No. |
---|---|---|
0.540 | 17716 | 2 |
0.545 | 22061 | 3 |
0.550 | 10715 | 2 |
0.555 | 99 | 1 |
0.560 | 37340 | 2 |
Last trade - 13.09pm 24/06/2025 (20 minute delay) ? |
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ASM (ASX) Chart |