SMR stanmore resources limited
Add to My Watchlist 6.99% ! $2.13

Ann: Dividend Details, page-14

  1. bm
    37 Posts.
    lightbulb Created with Sketch. 19
    clock Created with Sketch.
    04/12/23
    19:40
    Post #: 71265417

    YES This was a short term sale as the major Indonesian shareholder needed cash for another acquisition. (not sure what that is )

    IF THEY WANTED TO SELL 100% OF THEIR HOLDING THEY WOULD HAVE SOLD IT TO A CORPORATE BUYER AT NEAR DOUBLE THE CURRENT PRICE.\!!!!!!!!!

    Thats in line with what Whitehaven paid for the Dauina and blackwater assets from BHP ie well over $7 per share

    SMR should go into ASX200 in March 2024 rebalance

    SMR should be on 9% FF yield 2024

    SMR should be on 18% FF yield in 2025 Both consistent with Petra Captial research last week.

    My expectation $5 plus sometime in 2024

    SMR was Regals best stock pick at the Hearts and Minds conference earlier this month.

    Stay long and enjoy !












    SMR Price at posting: $3.75 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch. 2  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Mandalay Shareholders Overwhelmingly Approve Transaction with Alkane Resources
right-arrow Created with Sketch.
NEWS 'Strong succession': WiseTech brings in old face to build new, post-White future
right-arrow Created with Sketch.
NEWS Veteran executive to help turn Trigg into leading US-based antimony producer
right-arrow Created with Sketch.
NEWS Firetail scoops up untested land around Excelsior – including juicy mineralisation target
right-arrow Created with Sketch.
NEWS Exclusive Pre-IPO & Investment Opportunities in Australia & North America
right-arrow Created with Sketch.
NEWS Friday's HotCopper trends: Renascor concentrate, Larvotto raise
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
$2.13 		Change
-0.160(6.99%) 		Mkt cap ! $1.919B
Open High Low Value Volume
$2.24 $2.24 $2.12 $2.476M 1.145M

Buyers (Bids)

No. Vol. Price($)
3 33720 $2.12
 

Sellers (Offers)

Price($) Vol. No.
$2.14 11000 1
View Market Depth
Last trade - 16.10pm 31/07/2025 (20 minute delay) ?
SMR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.