SMR stanmore resources limited
Add to My Watchlist 6.55% ! $2.14

YES This was a short term sale as the major Indonesian...

  1. bm
    37 Posts.
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    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
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Last
$2.14 		Change
-0.150(6.55%) 		Mkt cap ! $1.933B
Open High Low Value Volume
$2.24 $2.24 $2.13 $1.492M 683.8K

Buyers (Bids)

No. Vol. Price($)
7 7856 $2.14
 

Sellers (Offers)

Price($) Vol. No.
$2.15 31179 38
View Market Depth
Last trade - 14.33pm 31/07/2025 (20 minute delay) ?
SMR (ASX) Chart
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