SMR stanmore resources limited

News: SMR Stanmore To Buy Remaining 20% Stake In SMC From Mitsui

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    Aug 12 (Reuters) - Stanmore Resources (SMR) :

    • STANMORE TO ACQUIRE REMAINING 20% INTEREST IN SMC FROM MITSUI
    • PURCHASE PRICE FOR THE TRANSACTION PAYABLE UPON COMPLETION IS US$380 MILLION
    • COMPLETION OF TRANSACTION IS EXPECTED IN Q4 CY2022
    • INTENDS TO FUND TRANSACTION THROUGH INTERNAL SOURCES
    • ANTICIPATES SMC WILL SHORTLY DECLARE & PAY DIVIDEND TO ITS SHAREHOLDERS (DAMPIER COAL AND MITSUI)
    • BASED ON CURRENT MARKET CONDITIONS, EXPECTS IT WILL CONTINUE TO HAVE SUFFICIENT INTERNAL SOURCES TO MEET ONGOING CASH REQUIREMENTS

    (([email protected];))

 
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Last
$2.18
Change
-0.010(0.46%)
Mkt cap ! $1.965B
Open High Low Value Volume
$2.22 $2.24 $2.15 $2.474M 1.137M

Buyers (Bids)

No. Vol. Price($)
3 11164 $2.15
 

Sellers (Offers)

Price($) Vol. No.
$2.20 4769 1
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