SMM 0.00% 0.3¢ somerset minerals limited

sets new 52 week low, page-8

  1. 2,320 Posts.

    OK so I rang the company today (sorry would of posted sooner but some bug wont let me post on HC from work). They said they are aware of the large volume thats gone through today (10x average) but as yet are not aware of of who the big transaction was. He said he probably expects to see a change is substantial holding but don't know anything at all yet. He speculated that a large holder might have just decided they don't want to hold a junior miner in the present market - but was entirely speculating. He did reasure that the company is very comfortable with how things are progressing as per their last announcement, and that there is no undisclosed bad news. Seemed very relaxed on that front I don't think there is any need to freak out.
 
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