SMM somerset minerals limited

for smm holders sake sell, page-10

  1. 336 Posts.
    Correct me if I am worng, but with more than 50% of SMM PDN can now place its own board members, or even repalce the entire SMM board. There is then nothing to stop it as a majority shareholder controlling the board from delisting the company from the ASX. In that case all of the minorty sharholders can try to get sell their shares privately for a few dollars, or even cents!!! Compare with what Cemex is doing to Rinker shareholders! It is threatening if it gets 50% to repalce Rinker board, and htere is the possibility of Rin being delisted from ASX and NY. Cheers holders and think about the options but not for too long. My position? - I converted my SMM to PDN.
 
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(20min delay)
Last
2.3¢
Change
-0.001(4.17%)
Mkt cap ! $14.83M
Open High Low Value Volume
2.3¢ 2.3¢ 2.3¢ $2.398K 104.2K

Buyers (Bids)

No. Vol. Price($)
4 518204 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 1154172 6
View Market Depth
Last trade - 13.03pm 18/07/2025 (20 minute delay) ?
SMM (ASX) Chart
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