SOM 1.00% 25.3¢ somnomed limited

som and resmed , no chance .

  1. 78 Posts.
    A take over of SOM would need the top holders/directors selling and why on earth would they at this stage . If they believe they can turn this company around they would not sell at a price ROS would be prepared to pay for SOM . SOM are still a long way from making a sig profit .
    I thnk SOM is at least 2-3 years away from sig profits , they need to establish the new markets ,Europe and Japan . The USA has taken well over 5 yrs to get any traction . The revenues are improving slowly ,in real dollar terms . The costs keep increasing .
    I was previously a huge supporter of SOM but I am much less now . Resmed would be looking at something like F & P health care if they wanted a takeover .

    Good try talking up the share price . It needs profits not talk to improve the prospect of SOM being anything other than a traders play thing .

    I hope you manage to talk up the price , I need a few cents more to get an exit point close to what i payed for them .
 
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Last
25.3¢
Change
0.003(1.00%)
Mkt cap ! $54.56M
Open High Low Value Volume
25.5¢ 25.5¢ 25.3¢ $1.832K 7.191K

Buyers (Bids)

No. Vol. Price($)
5 398000 25.0¢
 

Sellers (Offers)

Price($) Vol. No.
25.5¢ 576 1
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Last trade - 15.51pm 28/06/2024 (20 minute delay) ?
SOM (ASX) Chart
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