It will never be $5 lol, did you even research this, or were you one of the gullible ones who bought at 1.28, 2 days ago?
They need to issue 900 million plus shares to fund the acquistion.. so they will be 1 billion market cap.. at a 90c price.
Plus add on, BHP takes all the cream (the high met coal period) and leaves the spoiled milk for SMR... and don't forget 800M + in debt on that...
Bigger than Whitehaven Coal !, page-2
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Last
$3.45 |
Change
-0.065(1.85%) |
Mkt cap ! $3.105B | |||
| Open | High | Low | Value | Volume |
| $3.47 | $3.48 | $3.40 | $2.566M | 747.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 18189 | $3.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.45 | 18376 | 35 |
View Market Depth
| Last trade - 15.41pm 24/06/2024 (20 minute delay) ? |
| SMR (ASX) Chart |