I'm just reading Petra capital research from 16 Nov. They have SMR on a 15% FF yield in 2024 and 25%ff in2025.
Target price $5.47 aud. versus $3.80 today.
It's now in asx300 and should also meet asx200 inclusion currently. Paying a dividend also opens up a new class of insitutions who can only invest in companies paying dividends.
Smart move from SMR.
Ann: Dividend Details, page-4
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Last
$2.89 |
Change
-0.080(2.69%) |
Mkt cap ! $2.605B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.98 | $2.89 | $2.567M | 881.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 2474 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| SMR (ASX) Chart |