ASN 7.25% 6.4¢ anson resources limited

Undervalued

  1. 46 Posts.
    lightbulb Created with Sketch. 40
    Where do I start.

    Management have achieved everything they have outlined they would do. This week a great announcement that only adds further value in diversifying the product mix. But what does the market do - drag it down for no reason. The recent drilling results saw a significant improvement in lithium levels. But what does the market do - drag it down.

    I am not sure what the expectations of the market are here may be we will only see upwards momentum if lithium levels are 500+. That would be fantastic but the likelihood of that happening is somewhat small. But never say never.

    This stock whenever there is good news is dragged down. It appears that some do not want this baby to run where it should be.

    Players need to manage there expectations and see what this stock actually is and that is a good buy with a lot of upside. Electric vehicles are not going anywhere and the investment in such areas by American car manufacturers is only testament to that.

    This investment by American car manufacturers provides a diversification of customers in the US- another positive and another opportunity for the company to start discussions.
 
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Last
6.4¢
Change
-0.005(7.25%)
Mkt cap ! $113.7M
Open High Low Value Volume
6.6¢ 6.8¢ 6.4¢ $56.72K 868.5K

Buyers (Bids)

No. Vol. Price($)
6 295055 6.4¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 484813 1
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Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
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