The SMN share price has only traded at this price during 1 hour in the 2 months preceding the trading halt.
For a company on the verge of a company making announcement in the next 2 months, that in my opinion is a ridiculous price to pitch the CR at - especially when they said they didn't need a CR just a week earlier.
When you throw in the fact that one of the beneficiaries of the CR, is a company that the person who organized the CR has just joined, then i can't see how you can deny that this has a very bad smell about it.
At the very least, apart from this being unethical, it shows really bad judgement and a faulty moral compass on the part of the directors.
As a shareholder, I don't really want people like that running a company I have invested in.
In addition, I would be concerned that customers of SMN may not be keen to deal with such a morally deficient and unprofessional company. Not a good look.
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Last
38.0¢ |
Change
-0.010(2.56%) |
Mkt cap ! $51.98M |
Open | High | Low | Value | Volume |
39.0¢ | 39.0¢ | 37.0¢ | $13.54K | 35.88K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 303 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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39.0¢ | 29346 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 303 | 0.380 |
2 | 5450 | 0.375 |
2 | 6228 | 0.370 |
1 | 37208 | 0.365 |
2 | 5456 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 29346 | 2 |
0.395 | 58053 | 1 |
0.400 | 20500 | 2 |
0.410 | 20000 | 1 |
0.420 | 2500 | 1 |
Last trade - 11.23am 30/04/2024 (20 minute delay) ? |
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Last
38.0¢ |
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Change
-0.010 ( 2.70 %) |
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Open | High | Low | Volume | ||
37.0¢ | 38.0¢ | 37.0¢ | 1341 | ||
Last updated 10.37am 30/04/2024 ? |
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SMN (ASX) Chart |