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.
- Forums
- ASX - By Stock
- Ann: March 2023 Quarterly Activities Report
It will be interesting how the market reacts to the final...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SMR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.80 |
Change
0.130(4.87%) |
Mkt cap ! $2.523B |
Open | High | Low | Value | Volume |
$2.77 | $2.81 | $2.75 | $6.013M | 2.163M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 10845 | $2.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.80 | 2500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2746 | 2.780 |
1 | 2746 | 2.770 |
2 | 3746 | 2.760 |
1 | 2746 | 2.750 |
1 | 2746 | 2.740 |
Price($) | Vol. | No. |
---|---|---|
2.840 | 2746 | 1 |
2.850 | 2746 | 1 |
2.860 | 2746 | 1 |
2.870 | 2746 | 1 |
2.880 | 2746 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
SMR (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online