Australian Strategic Materials Ltd (ASMMF)

$1.11 +0.01 (0.91%)
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 20,800
Avg Vol 69,526
Day's Range N/A - N/A
Shares Out N/A
Stochastic %K 37%
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 Jan. 30 at 2:15 PM
$ASMMF Before open, Bid $1.00, Ask $1.35
1 · Reply
REElover
REElover Jan. 28 at 5:15 PM
$ASMMF Based on last UUUU trade, current fair value of ASMMF $1.39
1 · Reply
REElover
REElover Jan. 26 at 2:37 PM
$ASMMF I’m starting to feel better about this deal
0 · Reply
REElover
REElover Jan. 26 at 12:04 AM
$ASMMF Australian holiday today , we’ll see if they affects price tomorrow
0 · Reply
TJHen
TJHen Jan. 24 at 10:11 PM
$UURAF $ASMMF $UUUU Interesting little article about DLA, oxide separation and radioactive contaminants. If you own any of these three stocks, it is worth a quick skim. Note, I joined but do not have a paid subscription and was able to access the article. https://www.themeridianreport.com/p/the-hidden-kill-switch-in-the-defense
2 · Reply
Zero_C00L
Zero_C00L Jan. 23 at 5:42 PM
I suppose the impetuses for selling $ASMMF might be anticipation that the SP ratio of $UUUU : $ASMMF will fall below 0.053 (+ special dividend) or associated concerns about low ASMMF liquidity in the event of big $UUUU SP drop, or the simple need to raise cash. As for me, I'm long on $UUUU and looking forward to owning stake.
0 · Reply
drewkaiser
drewkaiser Jan. 23 at 5:32 PM
$ASMMF I'm not seeing much meaningful being said on the UUUU thread about the acquisition. I don't think many of the twits users at UUUU really understand what this development means. After all, how many traders dabbling in Uranium forsaw a mine to magnet synergy in the supply chain for rare earths? There's still mostly mundane twits posts over there for now.
0 · Reply
REElover
REElover Jan. 23 at 4:59 PM
$ASMMF I’m starting to think that the fixed ratio is really the only reason ASM did the deal. On the surface it seemed like such a low ball deal especially since ASM just posted an analyst opinion that said fiat value was AUD 2.28. But if ASM knows something that makes them think UUUU is going much higher then they can at least get close to fair value
1 · Reply
TJHen
TJHen Jan. 23 at 3:23 PM
$ASMMF My Fidelity is showing zero shares traded today. Are others seeing that too?
2 · Reply
REElover
REElover Jan. 23 at 12:16 AM
$ASMMF Big move on the Aussie side. Trading at 1.84 AUD right now = to $1.24 US
1 · Reply
Latest News on ASMMF
No data available.
drewkaiser
drewkaiser Jan. 30 at 2:15 PM
$ASMMF Before open, Bid $1.00, Ask $1.35
1 · Reply
REElover
REElover Jan. 28 at 5:15 PM
$ASMMF Based on last UUUU trade, current fair value of ASMMF $1.39
1 · Reply
REElover
REElover Jan. 26 at 2:37 PM
$ASMMF I’m starting to feel better about this deal
0 · Reply
REElover
REElover Jan. 26 at 12:04 AM
$ASMMF Australian holiday today , we’ll see if they affects price tomorrow
0 · Reply
TJHen
TJHen Jan. 24 at 10:11 PM
$UURAF $ASMMF $UUUU Interesting little article about DLA, oxide separation and radioactive contaminants. If you own any of these three stocks, it is worth a quick skim. Note, I joined but do not have a paid subscription and was able to access the article. https://www.themeridianreport.com/p/the-hidden-kill-switch-in-the-defense
2 · Reply
Zero_C00L
Zero_C00L Jan. 23 at 5:42 PM
I suppose the impetuses for selling $ASMMF might be anticipation that the SP ratio of $UUUU : $ASMMF will fall below 0.053 (+ special dividend) or associated concerns about low ASMMF liquidity in the event of big $UUUU SP drop, or the simple need to raise cash. As for me, I'm long on $UUUU and looking forward to owning stake.
0 · Reply
drewkaiser
drewkaiser Jan. 23 at 5:32 PM
$ASMMF I'm not seeing much meaningful being said on the UUUU thread about the acquisition. I don't think many of the twits users at UUUU really understand what this development means. After all, how many traders dabbling in Uranium forsaw a mine to magnet synergy in the supply chain for rare earths? There's still mostly mundane twits posts over there for now.
0 · Reply
REElover
REElover Jan. 23 at 4:59 PM
$ASMMF I’m starting to think that the fixed ratio is really the only reason ASM did the deal. On the surface it seemed like such a low ball deal especially since ASM just posted an analyst opinion that said fiat value was AUD 2.28. But if ASM knows something that makes them think UUUU is going much higher then they can at least get close to fair value
1 · Reply
TJHen
TJHen Jan. 23 at 3:23 PM
$ASMMF My Fidelity is showing zero shares traded today. Are others seeing that too?
2 · Reply
REElover
REElover Jan. 23 at 12:16 AM
$ASMMF Big move on the Aussie side. Trading at 1.84 AUD right now = to $1.24 US
1 · Reply
REElover
REElover Jan. 22 at 8:39 PM
$ASMMF https://seekingalpha.com/article/4861355-energy-fuels-inc-efr-ca-m-and-a-call-transcript Fixed ratio deal confirmed
0 · Reply
TJHen
TJHen Jan. 22 at 5:10 PM
$ASMMF Hi All. Quick question looking for how people are interpreting the buyout by UUUU. In the footnote on the PR, it indicated that ASM shareholders will receive 0.053 UUUU shares giving an implied value of A$ 1.47 per share, plus the A$0.13 dividend. My interpretation is if UUUU shareholders price is 25% higher by the time the deal closes, the implied value of the purchase (A$1.47) remains the same and we actually get 25% less of UUUU shares at conversion (.75 x 0.053). Is that how everyone is reading it?
3 · Reply
REElover
REElover Jan. 22 at 3:55 AM
$ASMMF YES! ASMMF is a steal right now. Hold for higher. 17% discounted from current price and the discount will be even great the more UUUU goes up. UP we go!
1 · Reply
benleestocks
benleestocks Jan. 22 at 3:32 AM
$ASMMF I sold my 10k share and moved on for the gains. As stated by the other post, there is a big upside and opportunity at discount. However, for me, I no point in holding until deal get voted in Jun2026. Potentially the buy-out don't occur, maybe someone have better offer on table, deals get adjusted and maybe better then the $299 mill or deal get readjusted after due diligence by UUUU; whatever reason, is holding for 6 months worth the lost of $$$ on another investment that could gain more? At the close of deal, ASM shares would be worth 5.8% of UUUU, and just say UUUU is at $22.50 USD, and it stays at this price in June, so every 1 share of ASM you get about $1.31 worth, at current price of $1.06, you can still gain $$$ and potentially (17% discount), if UUUU continues to climb higher, your shares convert to UUUU is worth more. If UUUU drop in price, your share would be worth same if UUUU is about $18.3 (if $1.06 current market). I didn't factor in the extra dividend.
1 · Reply
Zero_C00L
Zero_C00L Jan. 22 at 1:49 AM
$ASMMF Is this not a quasi-arbitrage opportunity? Current ASMMF SP: $1.06 USD Current UUUU SP: $22.8 USD Conversion ratio: 0.053 UUUU/ASMMF Special dividend: A$0.13 x 0.67 =0.0871 USD $18.86 - 0.08 =$18.78 USD per UUUU share 18.78/22.80 =0.824 1-0.824=0.176 So 17.4% discount What am I missing?
1 · Reply
REElover
REElover Jan. 21 at 4:30 PM
$ASMMF well now buying this stock is just an investment in UUUU, which gives it more stability and potential to move plus there’s cash component at the end of the road. So if you believe in UUUU this a better way to get it. It’s currently a tad under UUUUs price and you get some cash when it closes
0 · Reply
Texian
Texian Jan. 21 at 1:03 PM
$ASMMF well im getting rich today
0 · Reply
drewkaiser
drewkaiser Jan. 21 at 8:31 AM
$ASMMF https://www.facebook.com/SkyNewsAustralia/videos/asm-accepts-450-million-takeover-offer-with-energy-fuels/647057715131811/
1 · Reply
drewkaiser
drewkaiser Jan. 21 at 8:08 AM
$UURAF I was gettting a bit lonely over at $ASMMF but now there's just a wee bit of news: https://stockhead.com.au/resources/resources-top-5-asm-merger-with-energy-fuels-set-to-create-western-rare-earths-giant/
2 · Reply
StocktwitsNews
StocktwitsNews Jan. 21 at 5:28 AM
Energy Fuels Stock Surges To 3-Month High On Deal To Build Biggest Rare-Earth Player Outside China $UUUU $ASMMF https://stocktwits.com/news/equity/markets/energy-fuels-stock-surges-to-3-month-high-on-deal-to-build-biggest-rare-earth-player-outside-china/cmUDLZJR4OY
0 · Reply
TJHen
TJHen Jan. 21 at 3:03 AM
$ASMMF if it’s gonna take at least four months to get approvals, I am assuming ASM will continue to move forward on their US plant selection or do you think they’ll just put that on ice all the way until the purchase is done in June?
1 · Reply
jimkelly
jimkelly Jan. 21 at 12:51 AM
$ASMMF welcome to the $UUUU FAMILY
0 · Reply