ASM australian strategic materials limited

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  1. 1,509 Posts.
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    I don't know what others are contemplating .....but it seems the Quarterly and the focus on tightened timeframes on outcomes expected now before 2023 year end , the Aust Govt Defence Dept signing this Armoured Vehicle Manufacturing Agreement with Hanwha of South Korea worth $5- $7 Billion ....and now the talks taking place today with the two USA Govt heavy hitters in Brisbane with the Aust Govt , are the catylysts behind this strong two day rise in the share price .
    Hanwha getting this Contract ...,,and Hyundai Engineering doing the spade work at Toongi , where further very large Construction Contracts have to be ultimately be awarded ...seems the confidence levels that ASM are now turning the corner , where performed substance over undeliverable promises might finally start to take place .
    Lets hope more Govt news on critical minerals supply/demand co-operation comes out of todays Ministerial Discussions .

    https://au.sports.yahoo.com/victoria-build-next-generation-military-000053606.html
    https://www.canberratimes.com.au/story/8286755/albanese-to-host-top-us-officials-to-strengthen-ties/
 
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Last
50.5¢
Change
-0.015(2.88%)
Mkt cap ! $91.57M
Open High Low Value Volume
52.5¢ 54.0¢ 50.5¢ $210.6K 401.8K

Buyers (Bids)

No. Vol. Price($)
3 28242 50.5¢
 

Sellers (Offers)

Price($) Vol. No.
52.0¢ 778 1
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
ASM (ASX) Chart
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