re: valuation of smm: a174 mill offered I agree but am a little surprised at the markets reaction.
1..SMM is still manager so calls the shots.
2..SMM has many other deposits that they own 100% and could be bigger than Valhalla i.e Andersons.
3..The iron ore in the Constance Range could have some significant future value.
But PDN coming in like this must have a very strong belief that the policy will change sooner rather than later.And they would be a better partner than RSG controlled VUL. To me it looks more positive than negative. But the market doesnt agree.
re: valuation of smm: a174 mill offered I agree but am a little...
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $11.49M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.8¢ | $38.66K | 2.148M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1866000 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 47728 | 1 |
View Market Depth
| Last trade - 10.46am 23/06/2025 (20 minute delay) ? |
| SMM (ASX) Chart |