Good news I think. Funding through internal sources I'd assume means no dilution. SMR should be among the most valuable coal companies on the ASX, a comparative analysis on the weekend may be in order.
The final 20% will likely cost less than the initial 80% (US$1.5B for 80%) given that the US$360 million purchase price is likely to reduce with the large dividend payment. This is fair given the royalty increase.
Ann: STANMORE TO ACQUIRE REMAINING 20% INTEREST IN SMC FROM MITSU, page-3
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Last
$1.91 |
Change
0.060(3.24%) |
Mkt cap ! $1.721B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.95 | $1.89 | $5.133M | 2.678M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 852 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 19240 | 3 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| SMR (ASX) Chart |