SMM somerset minerals limited

Areva taking out PDN/SMM makes a lot of sense and was started...

  1. 552 Posts.
    lightbulb Created with Sketch. 130
    Areva taking out PDN/SMM makes a lot of sense and was started when Areva bought 10% of SMM a few years ago, at about $6/share, but to move in this direction now would require Areva to be absolutely sure the Newman government can be contractually bound to uranium mining.

    Note too that PDN are to supply the French government with product, making a takeover by Areva more likely.

    Otherwise why would Areva retain their interest in SMM?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.3¢
Change
0.002(9.52%)
Mkt cap ! $9.722M
Open High Low Value Volume
2.2¢ 2.3¢ 2.1¢ $109.3K 4.943M

Buyers (Bids)

No. Vol. Price($)
1 1651626 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 156600 1
View Market Depth
Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
SMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.