Share
3,534 Posts.
lightbulb Created with Sketch. 213
clock Created with Sketch. 02/03/23
14:08
Share
Originally posted by paulgf:
↑
I wouldnt think this has caused recent weakness. More to do with the good run up and a period of consolidation as all shares do. The met coal price has come off fractionally too, was heading to $ 400 USD per Ton but now back sitting closer to $ 350 / Ton. This issue about the buyback in GEAR is really background noise in my view to Stanmore itself. This Raper guy has a fair argument but its between him, the Singapore regulators and GEAR. To the extent Asic is probing if insider trading laws have been breached is probably not a bad thing as will ensure probably higher transparency by SMR board going forward.
Expand
Thanks for the great analysis. I would have thought majority of retails who bought into SMR aren't really income seeker but growth focus? We all know this stock should be at least $5....
(20min delay)