SMR 5.03% $3.59 stanmore resources limited

Ann: Dividend Details, page-14

  1. bm
    35 Posts.
    lightbulb Created with Sketch. 18

    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 !












 
watchlist Created with Sketch. Add SMR (ASX) to my watchlist
(20min delay)
Last
$3.59
Change
-0.190(5.03%)
Mkt cap ! $3.276B
Open High Low Value Volume
$3.64 $3.67 $3.56 $2.780M 768.3K

Buyers (Bids)

No. Vol. Price($)
29 25546 $3.58
 

Sellers (Offers)

Price($) Vol. No.
$3.59 6311 5
View Market Depth
Last trade - 12.51pm 30/07/2024 (20 minute delay) ?
SMR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.