Unlike many other miners, SMR has a trailing effect with respect to earnings. Most of the spike in
spot coking coal price late last year will be realised in the Mar Qtr because of the timing of SMR's 3 month
forward contracts. But I guess Mr Market will wait to see Mar Qtr's revenue.
Once we see the lollies in the till, the sp should revisit the 50c + mark, IMO.
In the interim, the company could help by issuing a production/sales update
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Last
$2.33 |
Change
-0.030(1.27%) |
Mkt cap ! $2.118B | |||
| Open | High | Low | Value | Volume |
| $2.36 | $2.41 | $2.33 | $533.6K | 226.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 18834 | $2.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.34 | 11460 | 20 |
View Market Depth
| Last trade - 11.03am 28/07/2025 (20 minute delay) ? |
| SMR (ASX) Chart |