Ann doesn't specify if conversion is on repayment date or before at discretion of RMC. If repayment date then that looks like end Feb '25 so VWAP would be applicable from Feb.
Min dilution would be circa 125m shares assuming SP is at or above 1c
Can only assume raising to do drilling asap as current activities should be covered by existing funds and settlement of sold assets
GLP fkn 2 canadians on the 1 day!
- Forums
- ASX - By Stock
- Ann: SMM Arranges up to $1.0 Million of Convertible Loan Notes
SMM
somerset minerals limited
Add to My Watchlist
0.00%
!
1.8¢

Ann doesn't specify if conversion is on repayment date or before...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.49M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 499999 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 500000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 499999 | 0.019 |
4 | 813311 | 0.018 |
6 | 1653214 | 0.017 |
6 | 2169000 | 0.016 |
8 | 6465333 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 500000 | 1 |
0.019 | 1038825 | 3 |
0.021 | 1611111 | 3 |
0.022 | 500000 | 1 |
0.023 | 916455 | 4 |
Last trade - 09.53am 25/06/2025 (20 minute delay) ? |
Featured News
SMM (ASX) Chart |
Day chart unavailable