Australian Strategic Materials (ASX:ASM) shares have soared +120% higher in the Wednesday session after the company received a surprise buyout offer from Colorado-based uranium and REE player Energy Fuels.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.The proposed takeover offer is obviously one investors are bullish on – just look at price action – and a look at the company’s 5Y price chart might expla ...