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The latest announcement is out from Australian Strategic Materials Ltd ( (AU:ASM) ).
Australian Strategic Materials Ltd (ASM) has requested a trading halt on its securities pending an announcement regarding a proposed equity capital raising. This move indicates ASM’s strategic efforts to strengthen its financial position, potentially impacting its market operations and stakeholder interests. The halt is expected to last until the announcement is made or normal trading resumes on 16 June 2025.
More about Australian Strategic Materials Ltd
Australian Strategic Materials Ltd operates in the materials industry, focusing on the production and supply of strategic materials. The company is involved in the development of critical metals and rare earths, which are essential for various high-tech and green technologies.
Average Trading Volume: 442,191
Technical Sentiment Signal: Hold
Current Market Cap: A$130.6M
See more insights into ASM stock on TipRanks’ Stock Analysis page.