SMR 0.33% $3.07 stanmore resources limited

Ann: Bidder's Statement, page-24

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  1. 121 Posts.
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    I do note that SMR share price has closely tracked the A$ Newcastle thermal price trend for at least 5 years ;

    upload_2018-11-29_8-32-36.png

    So one viewpoint (based on forward consensus price and forex rate e.g. : https://home.kpmg.com/content/dam/k...price-fx-consensus-forecast-sept-oct-2018.pdf) is that SP is at max now and that the offer represents pretty reasonable value.  Noting that the thermal price trend has a short period of lead to SMR price.

    However those that may be more bullish on forward priceline may disagree.
    Last edited by Tricar: 29/11/18
 
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Last
$3.07
Change
0.010(0.33%)
Mkt cap ! $2.469B
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$3.12 $3.14 $3.07 $2.271M 736.4K

Buyers (Bids)

No. Vol. Price($)
1 4178 $3.07
 

Sellers (Offers)

Price($) Vol. No.
$3.08 7533 3
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