ASM 18.9% 63.0¢ australian strategic materials limited

Relevant Media, page-2229

  1. 8,559 Posts.
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    From my point of view more communication was needed but I don't know whether the shorters had regular and clear updates.

    Have you any information on that or is it a guess.

    I thought the shorting came in because of the index parameters and the big position by the fund but that is just a guess on my part.

    Maybe a lot more to it like a big market cap for a company building a plant with no income. I can't remember the timing with regards to the shorts entering and covid.

    Anyway I am hoping for great news soon as I think management are working very hard to get the plant working and to secure offtakes for the metal plant and also offtakes, partnerships and funding for Dubbo.
    Last edited by subi1: 29/03/23
 
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