Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An announcement from Australian Strategic Materials Ltd ( (AU:ASM) ) is now available.
Australian Strategic Materials Ltd has disclosed a change in director Dominic John Heaton’s shareholding following participation in a share placement. Heaton acquired 41,667 ordinary fully paid shares at $1.20 per share on 13 March 2026, increasing his direct holding from 53,126 to 94,793 shares.
The new shares were issued as part of a broader placement that had been announced in October 2025 and subsequently approved by shareholders at a general meeting in February 2026. The transaction did not occur during a closed trading period, indicating compliance with the company’s trading policies and continuous disclosure obligations.
The most recent analyst rating on (AU:ASM) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Australian Strategic Materials Ltd stock, see the AU:ASM Stock Forecast page.
More about Australian Strategic Materials Ltd
Australian Strategic Materials Ltd is an Australian-listed company involved in the resources and materials sector. It focuses on developing and producing strategic materials, with its ordinary fully paid shares traded on the ASX, and is overseen by a board that includes director Dominic John Heaton.
Average Trading Volume: 2,667,480
Technical Sentiment Signal: Buy
Current Market Cap: A$400.7M
Learn more about ASM stock on TipRanks’ Stock Analysis page.