Australian Strategic Materials Ltd (ASMMF)

$0.47 +0.08 (21.37%)
Market Cap N/A
Revenue (ttm) 0.00
Net Income (ttm) 0.00
EPS (ttm) N/A
PE Ratio N/A
Forward PE N/A
Profit Margin 0.00%
Debt to Equity Ratio N/A
Volume 24,500
Avg Vol 10,752
Day's Range N/A - N/A
Shares Out N/A
Stochastic %K 100%
Beta N/A
Analysts Strong Buy
Price Target N/A

Company Profile

Australian Strategic Materials Ltd operates as an integrated producer of critical metals for technologies in Australia. It holds interest in the Dubbo project, which contains rare earths, zirconium, niobium, and hafnium located in central-western New South Wales. The company also constructs and operates Korean metals plant located in Ochang, South Korea. It serves advanced manufacturing, defense, electric vehicles, wind turbines, semiconductors, medical devices, robotics, and sustainable energy...

Industry: Other Industrial Metals & Mining
Sector: Basic Materials
Phone: 61 8 9200 1681
Fax: 61 8 9200 1682
Website: asm-au.com
Address:
66 Kings Park Road, Level 4, West Perth, Australia
drewkaiser
drewkaiser Oct. 3 at 12:40 PM
$ASMMF This gets at least a little volume on the ASX. When US and global investors become aware of this maybe we could see meaningful movement. Does anybody have a prediction where this will be 1 year from now? C'mon. Somebody take a guess.
0 · Reply
drewkaiser
drewkaiser Sep. 5 at 6:24 PM
$ASMMF This is my ultra-secret sleeper. Nobody is allowed to pay any attention to ASM. Cuz I said so.
1 · Reply
drewkaiser
drewkaiser Aug. 28 at 12:11 PM
$ASMMF One customer of Australian Strategic Materials is Noveon. According to Noveon, they are ..."the only operational U.S. manufacturer of sintered NdFeB magnets. https://noveon.co/abb-selects-noveon-magnetics. * "EcoFlux" is the trademark name of the magnets, and NOT the name of an involved party. It's distracting how they put that in the title imo. But anyway, here's the chain as I understand it: *ASM: sells 15 tonnes of NdFeB alloy to Noveon Magnetics ** Noveon Magnetics makes magnets and sells them to ABB *** ABB: "ABB is a global technology leader in electrification and automation" http://www.abb.com/
0 · Reply
drewkaiser
drewkaiser Aug. 21 at 6:28 PM
$ASMMF https://noveon.co/abb-selects-noveon-magnetics
0 · Reply
drewkaiser
drewkaiser Jul. 12 at 7:35 PM
$ASMMF The company offered a share purchase plan: https://wcsecure.weblink.com.au/pdf/ASM/02956939.pdf "...Under the SPP, Eligible Shareholders ...will be given the opportunity to apply for up to A$30,000 worth of New Shares in the Company at the Issue Price per New Share ..." MEANWHILE, I received a tender offer (to sell my shares) at $1.00AUD, which is about $.66 U.S. So they're issuing and selling shares, but simultaneously trying to buy back shares at above market rate. Does anybody here understand why they would do a tender offer while doing an SPP at the same time? * The SPP seems to be for Australians and New Zealanders. Do they want U.S. retail investors out or something?
1 · Reply
Texian
Texian Jan. 22 at 7:14 PM
$ASMMF undervalued 3000% and no buyers except geniuses like me. Go figure
1 · Reply
benzinga
benzinga Mar. 28 at 8:14 PM
Gold Prices Rise To All-Time Highs, Mark Best Month In 4 Years: Mining Stocks Rally As Traders Anticipate Windfall Gains https://www.benzinga.com/etfs/sector-etfs/24/03/37994542/gold-prices-rise-to-all-time-highs-mark-best-month-in-4-years-mining-stocks-rally-as-traders-ant $ARNGF $ASMMF $CDE
0 · Reply
Latest News on ASMMF
No data available.
drewkaiser
drewkaiser Oct. 3 at 12:40 PM
$ASMMF This gets at least a little volume on the ASX. When US and global investors become aware of this maybe we could see meaningful movement. Does anybody have a prediction where this will be 1 year from now? C'mon. Somebody take a guess.
0 · Reply
drewkaiser
drewkaiser Sep. 5 at 6:24 PM
$ASMMF This is my ultra-secret sleeper. Nobody is allowed to pay any attention to ASM. Cuz I said so.
1 · Reply
drewkaiser
drewkaiser Aug. 28 at 12:11 PM
$ASMMF One customer of Australian Strategic Materials is Noveon. According to Noveon, they are ..."the only operational U.S. manufacturer of sintered NdFeB magnets. https://noveon.co/abb-selects-noveon-magnetics. * "EcoFlux" is the trademark name of the magnets, and NOT the name of an involved party. It's distracting how they put that in the title imo. But anyway, here's the chain as I understand it: *ASM: sells 15 tonnes of NdFeB alloy to Noveon Magnetics ** Noveon Magnetics makes magnets and sells them to ABB *** ABB: "ABB is a global technology leader in electrification and automation" http://www.abb.com/
0 · Reply
drewkaiser
drewkaiser Aug. 21 at 6:28 PM
$ASMMF https://noveon.co/abb-selects-noveon-magnetics
0 · Reply
drewkaiser
drewkaiser Jul. 12 at 7:35 PM
$ASMMF The company offered a share purchase plan: https://wcsecure.weblink.com.au/pdf/ASM/02956939.pdf "...Under the SPP, Eligible Shareholders ...will be given the opportunity to apply for up to A$30,000 worth of New Shares in the Company at the Issue Price per New Share ..." MEANWHILE, I received a tender offer (to sell my shares) at $1.00AUD, which is about $.66 U.S. So they're issuing and selling shares, but simultaneously trying to buy back shares at above market rate. Does anybody here understand why they would do a tender offer while doing an SPP at the same time? * The SPP seems to be for Australians and New Zealanders. Do they want U.S. retail investors out or something?
1 · Reply
Texian
Texian Jan. 22 at 7:14 PM
$ASMMF undervalued 3000% and no buyers except geniuses like me. Go figure
1 · Reply
benzinga
benzinga Mar. 28 at 8:14 PM
Gold Prices Rise To All-Time Highs, Mark Best Month In 4 Years: Mining Stocks Rally As Traders Anticipate Windfall Gains https://www.benzinga.com/etfs/sector-etfs/24/03/37994542/gold-prices-rise-to-all-time-highs-mark-best-month-in-4-years-mining-stocks-rally-as-traders-ant $ARNGF $ASMMF $CDE
0 · Reply