OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06
◂ Monitor ASM ASX

Australian Strategic Materials Limited

PFS Developer · Rare Earths · Australia · South Korea · United States Rating locked: sign in to view v6
Last 2026-09-02
A$1.17
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$317.9M
EV
A$263.1M
Cash
A$57.6M
Debt
A$2.8M
3 newer ASX announcements not yet reflected in this valuation

Disclosed activity

Insider transactions

Reviewed 2026-10-09 20:15 UTC
Reset
Trading activity4 buys · 0 sells shownNet cash last 12 months no tradesShow chartHide chart
A$0.208A$1.17A$2.13Jul 24Oct 24Jan 25Apr 25Jul 25Oct 25Jan 26Apr 26Jul 26Oct 26Cash/moA$983.2kMay 2024 · bought A$983.2kJul 2025 · bought A$30.0k2024-05-31 · Ian Jeffrey Gandel · Subscription · 847,410 shares · A$983.22k · @ A$1.162025-07-24 · Ian Jeffrey Gandel · Subscription · 53,125 shares · A$30.00k · @ A$0.5652025-09-23 · Ian Jeffrey Gandel · Subscription · 1,770,852 shares · @ A$0.5652026-03-19 · Ian Jeffrey Gandel · Subscription · 833,334 shares · @ A$1.20
On-market buyPlacement / plan subscriptionSaleMarker size = cash valueGrant, exercise, expiry or transferBars: cash bought (up) and sold (down) per month

Major-holder activity

4 reviewed events · Newest first

Reviewed Major Holders events in ASM
DatePerson / accountActivity / securityQuantityCash considerationPriceHolding after
2026-03-19Ian Jeffrey GandelAbbotsleigh Pty Ltd
Details & evidence for Ian Jeffrey Gandel on 2026-03-19

As disclosed: 833,334 ordinary shares acquired at A$1.20

Interest
Indirect
Registered account
Abbotsleigh Pty Ltd
Holding before
—
Holding after
—
Market
Not Disclosed
Consideration
Entitlement shares at A$1.20 each; total cash not specified.

director · Start not disclosed

Abbotsleigh Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

ILG Estate Co 1 Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

ILG Estate Co 2 Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

ILG Estate Co 3 Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

ILG Estate Co 4 Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

Change of Director's Interest Notice ↗
Published 2026-03-19 18:51 AEDT · PDF page 1 · Appendix 3Y, Gandel entitlement issue

Subscriptionordinary shares833,334—AUD 1.2Disclosed price—
2025-09-23Ian Jeffrey GandelAbbotsleigh Pty Ltd
Details & evidence for Ian Jeffrey Gandel on 2025-09-23

As disclosed: Placement shares issued at A$0.5647

Interest
Indirect
Registered account
Abbotsleigh Pty Ltd
Holding before
—
Holding after
—
Market
Not Disclosed
Consideration
Placement was A$1,000,000 total; Gandel’s 1,770,852 share allocation disclosed separately in Appendix 3Y. No price × quantity cash calculation is recorded.

director · Start not disclosed

Abbotsleigh Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

ILG Estate Co 1 Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

ILG Estate Co 2 Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

ILG Estate Co 3 Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

ILG Estate Co 4 Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

Change in substantial holding ↗
Published 2025-10-28 19:51 AEDT · PDF page 1 · Share placement row and consideration

Change of Director's Interest Notice ↗
Published 2025-09-23 16:53 AEST · PDF page 1 · Appendix 3Y, Gandel allocation

Subscriptionordinary shares1,770,852—AUD 0.5647Disclosed price—
2025-07-24Ian Jeffrey GandelAbbotsleigh Pty Ltd
Details & evidence for Ian Jeffrey Gandel on 2025-07-24

Same 53,125-share subscription disclosed in Gandel’s director notice.

As disclosed: 53,125 shares acquired under Share Purchase Plan for A$30,000.

Interest
Indirect
Registered account
Abbotsleigh Pty Ltd
Holding before
—
Holding after
—
Market
Off Market
Consideration
Form 604 reports A$30,000 total consideration.

director · Start not disclosed

Abbotsleigh Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

ILG Estate Co 1 Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

ILG Estate Co 2 Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

ILG Estate Co 3 Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

ILG Estate Co 4 Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

Change in substantial holding ↗
Published 2025-07-28 12:20 AEST · PDF page 1 · Change table, 24 July 2025 Share Purchase Plan row

Change of Director's Interest Notice ↗
Published 2025-07-24 08:16 AEST · PDF page 3 · Appendix 3Y, Gandel SPP allocation

Subscriptionordinary shares53,125AUD 30,000.00AUD 0.5647Disclosed price—
2024-05-31Ian Jeffrey Gandel
Details & evidence for Ian Jeffrey Gandel on 2024-05-31

As disclosed: 847,410 ordinary shares acquired in one-for-forty rights issue

Interest
Indirect
Registered account
Not separately disclosed
Holding before
—
Holding after
—
Market
Not Disclosed
Consideration
Rights issue proceeds A$983,220; source gives A$1.16 per share.

director · Start not disclosed

Abbotsleigh Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

ILG Estate Co 1 Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

ILG Estate Co 2 Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

ILG Estate Co 3 Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

ILG Estate Co 4 Pty Ltd · controlled/associated company and registered holder in director and substantial-holder notices

Change in substantial holding ↗
Published 2025-07-28 12:20 AEST · PDF page 1 · Change table, 31 May 2024 rights issue

Change of Director's Interest Notice ↗
Published 2024-06-05 17:25 AEST · PDF page 1 · Appendix 3Y entitlement issue allocations

Subscriptionordinary shares847,410AUD 983,220.00AUD 1.16Disclosed price—
Disclosed holding observations4 dated positions

Initial, final and threshold notices describe positions; these are not counted as purchases or sales.

Holding atPerson / groupType / securityQuantityPercentage
2025-10-27Ian Gandel substantial-holder group
Details & evidence for Ian Gandel substantial-holder group on 2025-10-27

Interest
Control
Registered account
Not separately disclosed
Holding before
—
Holding after
—

Ian Jeffrey Gandel · relevant interest through related entities

Change in substantial holding ↗
Published 2025-10-28 19:51 AEDT · PDF page 1 · Form 604, present votes

Positionordinary shares36,567,63513.64%Issued Shares
2025-08-01Ian Gandel substantial-holder group
Details & evidence for Ian Gandel substantial-holder group on 2025-08-01

Share count unchanged; percentage reduced through issuer capital change.

Interest
Control
Registered account
Not separately disclosed
Holding before
—
Holding after
—

Ian Jeffrey Gandel · relevant interest through related entities

Change in substantial holding ↗
Published 2025-08-01 11:09 AEST · PDF page 1 · Form 604, present votes

Positionordinary shares34,796,78315.57%Issued Shares
2025-07-24Ian Gandel substantial-holder group
Details & evidence for Ian Gandel substantial-holder group on 2025-07-24

Interest
Control
Registered account
Not separately disclosed
Holding before
—
Holding after
—

Ian Jeffrey Gandel · relevant interest through related entities

Change in substantial holding ↗
Published 2025-07-28 12:20 AEST · PDF page 1 · Form 604, present votes

Positionordinary shares34,796,78317.20%Issued Shares
2024-04-24Ian Gandel substantial-holder group
Details & evidence for Ian Gandel substantial-holder group on 2024-04-24

Aggregate relevant interest across related entities.

Interest
Control
Registered account
Not separately disclosed
Holding before
—
Holding after
—

Ian Jeffrey Gandel · relevant interest through related entities

Change in substantial holding ↗
Published 2024-04-30 17:02 AEST · PDF page 1 · Form 604, present votes

Positionordinary shares33,896,24818.86%Issued Shares