About the same as you betting that horse x will win the Melbourne cup in November.
You would make a killing but I think the odds are stacked very heavily against that.
If you have followed the SMM / PDN / Areva events you will have seen that Areva didn't make any killer offer for SMM. They didn't then - it is very unlikely they will now. In the meantime the acceptances to the PDN offer appear to be flowing strongly in to PDN.
But, you have all night tonight to think about it because the offer from PDN closes TOMORROW!
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- can you please explain the takeover process
SMM
somerset minerals limited
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9.52%
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2.3¢

can you please explain the takeover process, page-4
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Last
2.3¢ |
Change
0.002(9.52%) |
Mkt cap ! $9.722M |
Open | High | Low | Value | Volume |
2.2¢ | 2.3¢ | 2.1¢ | $109.3K | 4.943M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1651626 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 156600 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1651626 | 0.022 |
9 | 3499865 | 0.021 |
11 | 6860695 | 0.020 |
4 | 903065 | 0.019 |
3 | 366001 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 156600 | 1 |
0.024 | 1158731 | 4 |
0.025 | 1225996 | 4 |
0.026 | 350000 | 2 |
0.027 | 200000 | 1 |
Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
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SMM (ASX) Chart |