SMR 0.33% $3.07 stanmore resources limited

I looked at the revised report, and I don't think they would...

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  1. 15 Posts.
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    I looked at the revised report, and I don't think they would decrease or increase their bid based on the document.  Looks like ASIC made them strike out all the adjusted valuation numbers, but not the reasons or the rationale, including some of the strong language used by Grant Thornton.  Not sure what the point of the whole thing was then, if ASIC disagreed with the analysis, they would have made them pull the whole report, rather than just some of the adjusted numbers, right?   I'm more troubled that management and BDO haven't responded to the actual issues raised by Grant Thornton, makes me think they don't have a good response


    Anyway, I'm more concerned about the share price trading down to the offer price this week.  I like the sector and these assets, but I also don't want to ride the stock down, think I might accept the offer and buy back in when the price drops after offer ends.


 
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Last
$3.07
Change
0.010(0.33%)
Mkt cap ! $2.469B
Open High Low Value Volume
$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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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
SMR (ASX) Chart
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