SMM somerset minerals limited

I am not reading this right? PDN is offering $5.12 a share and...

  1. 82 Posts.
    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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(20min delay)
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
Last trade - 13.58pm 07/08/2025 (20 minute delay) ?
SMM (ASX) Chart
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