SMM somerset minerals limited

If the story is so good with this stock...why has it not shot...

  1. 566 Posts.
    lightbulb Created with Sketch. 44
    If the story is so good with this stock...why has it not shot over the $5+ mark given there is a floor of around $5 b/c of the takover.

    Seeing a different pattern than WMR - even though WMR was a given for mining - but look at the cost of Olymic Dam etc....

    Is there the potential for a big player to come in and begin a bidding war? Eg. ERA (RIO), BHP etc.....If the potential is there?

    I read that given the takeover U308 prices per tonne paid last week for a canadian company would value SMM at around $8 per share and PDN around $16-17.

    Do you think cappers are at work? Looks like a base of buyers and sellers has now formed.....

    Strange trading.....

    TheGIMP



 
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(20min delay)
Last
1.6¢
Change
0.001(6.67%)
Mkt cap ! $10.32M
Open High Low Value Volume
1.6¢ 1.6¢ 1.6¢ $48.54K 3.034M

Buyers (Bids)

No. Vol. Price($)
9 4533912 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 125662 1
View Market Depth
Last trade - 14.14pm 08/08/2025 (20 minute delay) ?
SMM (ASX) Chart
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