I am not reading this right? PDN is offering $5.12 a share and SMM is currently at $4.70.
Isn't that a guaranteed profit if I buy SMM today?
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SMM
somerset minerals limited
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8.82%
!
1.6¢

I am not reading this right? PDN is offering $5.12 a share and...
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Last
1.6¢ |
Change
-0.002(8.82%) |
Mkt cap ! $9.676M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.5¢ | $42.72K | 2.741M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 4466996 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 1382000 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 4466996 | 0.015 |
6 | 3086889 | 0.014 |
8 | 2517846 | 0.013 |
6 | 1340000 | 0.012 |
3 | 456058 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 1382000 | 4 |
0.017 | 1066001 | 5 |
0.018 | 1655725 | 2 |
0.019 | 1561698 | 8 |
0.020 | 500000 | 2 |
Last trade - 13.58pm 07/08/2025 (20 minute delay) ? |
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SMM (ASX) Chart |