SOM 0.00% 36.0¢ somnomed limited

som and resmed , no chance .

  1. 78 Posts.
    A take over of SOM would need the top holders/directors selling and why on earth would they at this stage . If they believe they can turn this company around they would not sell at a price ROS would be prepared to pay for SOM . SOM are still a long way from making a sig profit .
    I thnk SOM is at least 2-3 years away from sig profits , they need to establish the new markets ,Europe and Japan . The USA has taken well over 5 yrs to get any traction . The revenues are improving slowly ,in real dollar terms . The costs keep increasing .
    I was previously a huge supporter of SOM but I am much less now . Resmed would be looking at something like F & P health care if they wanted a takeover .

    Good try talking up the share price . It needs profits not talk to improve the prospect of SOM being anything other than a traders play thing .

    I hope you manage to talk up the price , I need a few cents more to get an exit point close to what i payed for them .
 
watchlist Created with Sketch. Add SOM (ASX) to my watchlist
(20min delay)
Last
36.0¢
Change
0.000(0.00%)
Mkt cap ! $77.79M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 135 36.5¢
 

Sellers (Offers)

Price($) Vol. No.
39.0¢ 3717 1
View Market Depth
Last trade - 10.09am 16/08/2024 (20 minute delay) ?
SOM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.