Not really. The Chinese have proven it very well and monopolised it.
Never underestimate the ability of a bit of EOFY tax selling to allow the cat of doubt amongst the pigeons. The US government and Australian government will continue to apply pressure to the Chinese in the market and slowly but surely encourage companies like ASM.
Rowena will announce a decent offtake and just has it has time and time again, it will be off to the races and $2 again. People moan about this being a trading stock, but their buying on exuberance and selling on the wanes between announcements does rather enable that to happen.
Relevant Media, page-3286
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Last
58.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $106.0M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 61.5¢ | 58.0¢ | $79.38K | 134.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2619 | 58.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 1836 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| ASM (ASX) Chart |