Hi Winnetwo,
Current Paladin SP is 23 cents .. If they own 82$ of SMM stock you would have thought that the SMM share price is at 15 cents is cheap relative to the mother ship. SMM holds a lot of Uranium ground in North West Qld. Maybe Paladin consider SMM as the exploration vehicle at a discount.
3% for the little fish is very small .. just watch for any future dilution events. The top 3 shareholders according to your post hold all the cards. However MMM have some interesting ground around the traps.
Cheers
HR
Caveat Emptor .. obviously DYOR ..Uranium could be a good thing in the near term but you must understand the Qld Gov mindset in relation to Uranium mining ..there is a new government in power. Will they overturn the previous governments stance?
forever upwards, page-6
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.123M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $381 | 127.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 18298666 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 540108 | 3 |
| Last trade - 13.06pm 27/11/2024 (20 minute delay) ? |
| SMM (ASX) Chart |
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