Wow!. Market cap of SMP was about $A33m to $A35m mid November - today sold NZ business for $NZ70m or over $A60m or nearly double what the entire market cap was about 2 weeks ago plus retains Australian business which is going gangbusters. Talk about an undervalued company wow! Cash distribution will be $NZ0.20 after sale completed which is not much more than the share price was two weeks ago. .
So how much is the Australian part of the company worth? Given how it is growing it would need to be worth at least the size of the NZ business or $A0.40!
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Mkt cap ! $300.2M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 3775 | $1.25 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.28 | 2658 | 4 |
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No. | Vol. | Price($) |
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2 | 3775 | 1.245 |
1 | 996 | 1.240 |
1 | 6775 | 1.205 |
1 | 11906 | 1.200 |
1 | 1000 | 1.100 |
Price($) | Vol. | No. |
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1.280 | 2559 | 3 |
1.285 | 14094 | 2 |
1.295 | 32175 | 1 |
1.300 | 878 | 1 |
1.320 | 1524 | 2 |
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