Is this in response to the settlement?
I am not aware that there has been a settlement - despite Clements earlier stated confidence. Maybe its the frustration at a lack of settlement that is concerning the market.
I wouldn't be opposed to him going. After all he had a tough act to follow when Penno stepped away.
I would be instantly interested in buying back in on news that Clements is gone. (Where I can, I like to support local companies - but think SML is now just turning into an over-expensed, capital intensive commodity manufacturer). I don't buy the "tough act to follow" line - Penno left him with a very solid base along with a very rosy future supplying A2M. At worst he should have maintained SP / capital value. Ignoring a Cease and Desist falls directly on Clements shoulders as well as the recent purchases and over-extension of lending.
I wil give him some credit. Some expenses have been reigned in - not all milk tankers on the road are the new bright pink.
Just quickly @minimoke any thoughts on KTD?
Sorry, none at all. ATM, SML and other local milk companies are enough for me to watch
- Forums
- ASX - By Stock
- SM1
Is this in response to the settlement? I am not aware that there...
-
- There are more pages in this discussion • 368 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SM1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
35.0¢ |
Change
0.010(2.94%) |
Mkt cap ! $211.1M |
Open | High | Low | Value | Volume |
35.0¢ | 36.0¢ | 34.0¢ | $31.38K | 88.97K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 12439 | 34.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.0¢ | 1884 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2439 | 0.340 |
1 | 14165 | 0.335 |
3 | 13933 | 0.330 |
3 | 9381 | 0.320 |
1 | 3229 | 0.310 |
Price($) | Vol. | No. |
---|---|---|
0.360 | 1884 | 1 |
0.375 | 5883 | 2 |
0.395 | 2400 | 1 |
0.400 | 16000 | 2 |
0.405 | 5000 | 1 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
Featured News
SM1 (ASX) Chart |