Some very back-of-envelope calcs:- SMR acquired Isaac Plains in July 2015 or thereabouts. The price of coal has gone up about 6% to $A83.4/t since then according to ycharts.com. [Not sure if that's coking coal, if not the price may be higher]. SMR expect to produce 1.1 mtpa. That's a turnover of $91.8m, and given that the price of coal is higher now than back then, SMR must presumably now be expecting a respectable profit margin. Add in other production and market cap should be at least equal to turnover, say $100m. At current 0.39 SP, mkt cap is $67m. So even before there's any more news or coal price increase the SP should go up another 50%.
Some very back-of-envelope calcs:- SMR acquired Isaac Plains in...
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Last
$1.88 |
Change
-0.080(4.08%) |
Mkt cap ! $1.694B | |||
| Open | High | Low | Value | Volume |
| $1.95 | $1.95 | $1.86 | $4.062M | 2.141M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 268 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.89 | 17327 | 3 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| SMR (ASX) Chart |