SMM 0.00% 0.3¢ somerset minerals limited

a punt on a bligh election loss, page-3

  1. 13,124 Posts.
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    In fact SMM's current market cap is around $350 million.

    Paladin paid over $1 billion for its share (over the equivalent of $6 a share) and AREVA paid over $130 million for its 10.46% stake (over $5 a share) ...

    Unlocking value here is critical to both players ... all eyes to March and the Qld election. There is a strong case to argue the share price is well undervalued going by the last 2 transactions ...
 
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