SMR stanmore resources limited

News: SMR Stanmore To Buy Remaining 20% Stake In SMC From Mitsui

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    Aug 12 (Reuters) - Stanmore Resources (SMR) :

    • STANMORE TO ACQUIRE REMAINING 20% INTEREST IN SMC FROM MITSUI
    • PURCHASE PRICE FOR THE TRANSACTION PAYABLE UPON COMPLETION IS US$380 MILLION
    • COMPLETION OF TRANSACTION IS EXPECTED IN Q4 CY2022
    • INTENDS TO FUND TRANSACTION THROUGH INTERNAL SOURCES
    • ANTICIPATES SMC WILL SHORTLY DECLARE & PAY DIVIDEND TO ITS SHAREHOLDERS (DAMPIER COAL AND MITSUI)
    • BASED ON CURRENT MARKET CONDITIONS, EXPECTS IT WILL CONTINUE TO HAVE SUFFICIENT INTERNAL SOURCES TO MEET ONGOING CASH REQUIREMENTS

    (([email protected];))

 
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Last
$1.76
Change
0.015(0.86%)
Mkt cap ! $1.586B
Open High Low Value Volume
$1.75 $1.77 $1.73 $2.004M 1.142M

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No. Vol. Price($)
1 396 $1.76
 

Sellers (Offers)

Price($) Vol. No.
$1.77 23622 1
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