ASM 4.35% 48.0¢ australian strategic materials limited

yeah the 8.90 was a surprisingly good raise i get what you're...

  1. 523 Posts.
    lightbulb Created with Sketch. 57
    yeah the 8.90 was a surprisingly good raise
    i get what you're saying about the 10% will be valued at longevity of the mine etc; but if the share price is 3-5 you'd have to look at the opportunity buying on market could represent
    but i cannot ignore that there is now no party stepping up for the 125 million usd investment yet and if i have this right it's now the Korean consortium responsibility to find that investor
    you say it's tightly held but don't hedge funds own 10% of asm shares? the same hedge funds that lend out their shares to shorters for a few? what's the share registery at? about 150 million shares yeah? so 15 million shares in the hands of hedge funds.

    since august 2020 where 1% shorted we have seen a 5 fold increase in short position to just under 5% now shorted

    Last edited by dogzrule: 23/06/22
 
watchlist Created with Sketch. Add ASM (ASX) to my watchlist
(20min delay)
Last
48.0¢
Change
0.020(4.35%)
Mkt cap ! $87.00M
Open High Low Value Volume
47.0¢ 50.0¢ 47.0¢ $124.9K 258.8K

Buyers (Bids)

No. Vol. Price($)
3 11491 48.0¢
 

Sellers (Offers)

Price($) Vol. No.
49.0¢ 5454 1
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
ASM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.