Hi proofreeder!
I'm glad u corrected that,- it was giving me a brain freeze also.
You are spot on. Aditionally also marginal cost savings have increased effects on margins.
The thing to consider though, it works just as well in reverse with more devestating effect.
It simply changes the risk/reward ratio IMO
cheers
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somerset minerals limited
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2.3¢

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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($) | Vol. | No. |
---|---|---|
2.4¢ | 1154172 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 518204 | 0.023 |
11 | 1431716 | 0.022 |
7 | 1768619 | 0.021 |
9 | 1871500 | 0.020 |
2 | 750000 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 1154172 | 6 |
0.025 | 700313 | 2 |
0.026 | 750000 | 3 |
0.027 | 1497325 | 5 |
0.028 | 841645 | 4 |
Last trade - 13.03pm 18/07/2025 (20 minute delay) ? |
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SMM (ASX) Chart |