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
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.12M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.7¢ | $155.2K | 8.805M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2337315 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 371928 | 2 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| SMM (ASX) Chart |