SMM somerset minerals limited

why the slide?, page-5

  1. 22,691 Posts.
    Some time ago, some holders have sold because they think that the next decision on Qland Uranium mining won't be made till 2007.

    They had hoped that the FED Govt would have issued a ruling that the whole of Australia can mine, subject to certain safety conditions.

    It seems to me that the FED won't over-rule Qland (when are State elections due?) so investors may return later on.

    SMM is a high quality stock and I hope to reinvest again at some other time.

    Gerry
 
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(20min delay)
Last
1.8¢
Change
0.000(0.00%)
Mkt cap ! $11.49M
Open High Low Value Volume
1.8¢ 1.9¢ 1.8¢ $65.19K 3.470M

Buyers (Bids)

No. Vol. Price($)
4 726108 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 1611111 3
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Last trade - 16.10pm 25/06/2025 (20 minute delay) ?
SMM (ASX) Chart
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