nipper Posted July 29, 2020 Share Posted July 29, 2020 done Link to comment Share on other sites More sharing options...
nipper Posted July 30, 2020 Author Share Posted July 30, 2020 ASX has indicated that all requirements for listing have been met and that ASM’s first day of trading is confirmed to be Thursday, 30 July 2020. 12 Noon. Link to comment Share on other sites More sharing options...
mullokintyre Posted July 30, 2020 Share Posted July 30, 2020 Currently 1.38. I got 17k worth of the stock in the demerger. My ALK holding did not go down by 17K, so I reckon its a winner. Will probably buy more. Wait till the dust settles, and see what the base price turns out to be. Mick Link to comment Share on other sites More sharing options...
nipper Posted August 10, 2020 Author Share Posted August 10, 2020 seems to have stabilised in the 90c to $1.05 range. News coming out is positive; today:The ASM joint venture partner has produced high purity (99.83%) titanium metal powder through its new electrorefining process at the commercial pilot plant in South Korea. This was the final stage of the patented metal process that confirms 50% less energy is used than traditional methods. ASM will now focus on the production of dysprosium, praseodymium and zirconium metals in Augustand this follows the earlier Ann from 30 July: • Successful production of 7.6 kg of neodymium metal • Assay confirms neodymium produced is at 99.8% purity • Metal purity is higher than typically traded neodymium metal • Validation of the patented carbon free metallisation technology for rare earth metals might be on a winner here (and pilot plant in S Korea rather than, say, Malaysia, could be handy) b..b... But it is still early days. As from elsewhereASM will need to raise $1.3B to get their ducks lined up. Current Dubbo Project IRR is about 18% but quite few unknowns. Lots more will be known by end of year,..... Link to comment Share on other sites More sharing options...
mullokintyre Posted August 19, 2020 Share Posted August 19, 2020 produced another sample of a different REM from pilot plant. Mr market seemd to like it, back up to 1.20 Now if only they could somehow get the major plant built in Dubbo. Get the govt to subsidise a few hundred thousand solar panels next door to provide power, and all boxes would be ticked. Mick Link to comment Share on other sites More sharing options...
mullokintyre Posted August 20, 2020 Share Posted August 20, 2020 there must be a lot of people keen to get into ASM, up to a new high of 1.565 today, closing fractionally below that figure. May have to take some profits if this continues. Mick Link to comment Share on other sites More sharing options...
mullokintyre Posted August 21, 2020 Share Posted August 21, 2020 Had a small lot taken out at 1.60 in the open this morning. Will look to be buying some back if it gets below 1.50. mick Link to comment Share on other sites More sharing options...
mullokintyre Posted August 21, 2020 Share Posted August 21, 2020 Well, so much for that strategy. Up to 1.86 now. Oh well, I have at least got some real profit, as distinct from a larger paper one! Mick Link to comment Share on other sites More sharing options...
mullokintyre Posted August 24, 2020 Share Posted August 24, 2020 And still it marches higher! High of 2.29 so far today. 228 mill cap value from a spin off. Not bad. Mick Link to comment Share on other sites More sharing options...
mullokintyre Posted August 25, 2020 Share Posted August 25, 2020 looks like its topped out. Reached the high of 2.64 on the open this morning, but has since fallen back to 2.19. Looks like it will finally take a breather. Mick Link to comment Share on other sites More sharing options...
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