It will be interesting how the market reacts to the final quarterly. Although there are likely to be few surprises, will this be the reminder that's needed that this company is a cash generation beast?
Current market cap is $2.3 billion - ~$2 billion when the net cash position is considered. At current met coal prices, there is likely to be cash flow well over $1 billion per annum. I think a small dividend would be nice - 5c is $45 million and does not impact SMR's capacity for M&A activity. But it gets SMR on the radar of a new class of investor.
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$3.97 |
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Mkt cap ! $3.578B |
Open | High | Low | Value | Volume |
$3.93 | $4.02 | $3.92 | $5.450M | 1.369M |
Buyers (Bids)
No. | Vol. | Price($) |
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7 | 30032 | $3.97 |
Sellers (Offers)
Price($) | Vol. | No. |
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$3.99 | 23302 | 4 |
View Market Depth
No. | Vol. | Price($) |
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1 | 1981 | 3.970 |
1 | 1981 | 3.960 |
1 | 1981 | 3.950 |
1 | 1981 | 3.940 |
2 | 2781 | 3.930 |
Price($) | Vol. | No. |
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3.990 | 1981 | 1 |
4.000 | 41856 | 5 |
4.010 | 2728 | 2 |
4.020 | 1981 | 1 |
4.030 | 25770 | 3 |
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