SMR 0.51% $3.94 stanmore resources limited

Thanks Error, great post, What will be interesting is how the...

  1. 129 Posts.
    lightbulb Created with Sketch. 9
    Thanks Error, great post, What will be interesting is how the shares trade between the end of the retail entitlement trading and the issue of the new shares.

    With Russia likely to be in sanctions for years and our product being even more scarce and unique globally for European PCI our project has the ability to pay down that debt so much faster as the price skyrockets (or build cash reserves if that is not possible under the facility arrangement), what was a great deal could turn out to be a bonanza.

    I wonder if they need to keep the facility open we might see dividends as an alternative to paying down the debt, they did mention returns to shareholders in the investor presentation if i am not mistaken IMO DYOR
 
watchlist Created with Sketch. Add SMR (ASX) to my watchlist
(20min delay)
Last
$3.94
Change
0.020(0.51%)
Mkt cap ! $3.551B
Open High Low Value Volume
$3.96 $3.99 $3.89 $3.726M 946.7K

Buyers (Bids)

No. Vol. Price($)
2 4568 $3.93
 

Sellers (Offers)

Price($) Vol. No.
$3.94 15274 3
View Market Depth
Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
SMR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.