ASM 2.11% 93.0¢ australian strategic materials limited

Someone is keen to get onboard, page-3

  1. 8,482 Posts.
    lightbulb Created with Sketch. 242
    The price of this stock could go vertical very soon.
    Possible outcomes over the next couple of months:
    • offtake agreement
    • finance agreement
    • most probably will go into the All Ords at the next reset date in March

    If ASM goes into the All ords, given that currently only 2% of our shares are held by institutions, the index funds could cause the price to go vertical. that will occur because the number of shares available to purchase is very limited at the moment.

    Additionally some bozos decided to short this stock back when it was $1 something. And there is 1.1m shares currently held short.
    Just imagine what would happen if they decided to buy them back just before it went into the All Ords

    Lureman's speculation of a $10 share price could quickly become a reality sooner than he expected.
 
watchlist Created with Sketch. Add ASM (ASX) to my watchlist
(20min delay)
Last
93.0¢
Change
-0.020(2.11%)
Mkt cap ! $168.4M
Open High Low Value Volume
95.5¢ 96.0¢ 93.0¢ $323.4K 340.9K

Buyers (Bids)

No. Vol. Price($)
8 25733 93.0¢
 

Sellers (Offers)

Price($) Vol. No.
94.0¢ 3060 2
View Market Depth
Last trade - 16.10pm 06/06/2024 (20 minute delay) ?
Last
94.0¢
  Change
-0.020 ( 1.07 %)
Open High Low Volume
95.0¢ 95.5¢ 93.5¢ 29682
Last updated 15.59pm 06/06/2024 ?
ASM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.