People need to get a grip. Despite the additional royalty, investment inn SMR at these prices is still very sound. 60% of all time high coal prices, is still a lot of high income, that should continue at last for a couple of years or until Russia capitulates.
The projected P/NPV is 0.53, about 1/3rd of competitors.
This stock will be paying dividends within 12months or less. Coal stocks may (erroneously) be regarded as worse than tobacco by some, but they're going to be around for decades, especially coking coal for steel making. Those betting on hydrogen replacing CC should do some basic energy analysis ... where's the hydrogen coming from and at what cost. Hydrogen needs vast amounts of (expensive) electricity, which is in short supply in many parts of the world, including the many first world nations.
I became an SMR shareholder yesterday. It will be one of my portfolio bedrocks for several years.
Ann: QUEENSLAND COAL ROYALTY REGIME, page-22
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Last
$3.57 |
Change
0.080(2.29%) |
Mkt cap ! $3.217B | |||
| Open | High | Low | Value | Volume |
| $3.46 | $3.57 | $3.46 | $3.625M | 1.026M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1115 | $3.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.57 | 25295 | 8 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| SMR (ASX) Chart |