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3.23%

30.0¢ aspire mining limited

The next FMG like stock?, page-120

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stevenjd

27,631 Posts.

3318

13/09/18

13:42

Post #: 35576777
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Originally posted by stevenjd ↑

The credibility factor, political will backed by 3 governments is the discerning edge that gives AKM the likes of Mr T.

Even In bear markets, there are those transitions to developer, that stand out. Greed will still prevail to a higher price, because if weak hands dont want it, a takeover, or Mr T may.

The current sp is about where you expect with a 2.1c CR, but have a look at the message it sends to go forth with.
If you think about the 80% we own of NR, and the billions in Ovoot, a takeover seems unavoidable.

There are few juniors who get to sit on top of the mountain come producer of half billion type revenues, as they get taken over before hand by larger merger and acquisitions.

The other edge to this coin, is that it is a political importance that NR proceeds. And it is in the hands of an ASX junior. Does the Russian or Chinese, or Mongolian giants, want to leave it there? or take full possession of it to guarantee its development.

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correction - half billion type profits.

AKM Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 30.0¢		Change -0.010(3.23%)		Mkt cap ! $157.3M

Open	High	Low	Value	Volume
30.0¢	30.0¢	30.0¢	$1.35K	4.5K

Buyers (Bids)

No.	Vol.	Price($)
2	124960	30.0¢

Sellers (Offers)

Price($)	Vol.	No.
31.0¢	8124	2

View Market Depth

No.	Vol.	Price($)
2	124960	0.300
1	7000	0.290
1	100000	0.285
1	15000	0.280
1	100000	0.270

Price($)	Vol.	No.
0.310	8124	2
0.315	8003	2
0.320	1	1
0.325	59210	2
0.330	83921	2

Last trade - 11.26am 10/09/2024 (20 minute delay)

AKM (ASX) Chart