good luck Mistragic. I don’t share your optimism. They will be paying 60% tax on all revenues above $300 a tonne of you include both State and Fed taxes.The debt will takes years to pay off with out of control costs not helping. Then the coal price will correct. Everything will take longer. I think at current levels SMR is well priced for the risk and reward. Also whats to stop the QLD Government coming at with more sovereign risk policies. QLD is not a safe place to invest. Especially as it’s obvious they are ideologically opposed to coal.
Ann: QUEENSLAND COAL ROYALTY REGIME, page-24
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Last
$3.19 |
Change
-0.040(1.24%) |
Mkt cap ! $2.875B | |||
| Open | High | Low | Value | Volume |
| $3.28 | $3.30 | $3.19 | $2.141M | 663.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4098 | $3.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.19 | 24640 | 4 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SMR (ASX) Chart |