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!
Wow!. Market cap of SMP was about $A33m to $A35m mid November -...
-
- There are more pages in this discussion • 158 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SMP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.15 |
Change
0.000(0.00%) |
Mkt cap ! $278.4M | |||
| Open | High | Low | Value | Volume |
| $1.13 | $1.16 | $1.13 | $115.3K | 100.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4017 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 14732 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| SMP (ASX) Chart |