My take is that the market is betting the Libs will win the next election and will change the dumb, hypocritical, uranium-is-wicked-coal-is-fantastic-for-global-warming "policy".
It was announced a few days ago that Pauline Hanson now has 23% of the QLD vote. If this is true Labor is almost guaranteed to lose the next election.
My guess is the market is betting that SMM will be the next new U mine in Oz.
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 (20min delay)
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Last
1.5¢ |
Change
-0.002(11.8%) |
Mkt cap ! $9.676M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.5¢ | $36.10K | 2.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 5454263 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1986223 | 4 |
View Market Depth
| Last trade - 11.49am 07/08/2025 (20 minute delay) ? |
| SMM (ASX) Chart |