SMM 0.00% 0.4¢ somerset minerals limited

ann out, page-22

  1. 57 Posts.
    I think you're right, with 80%+ ownership, they control the cashflow and management of the co. So any future direction etc. is up to Hugh.

    I could be wrong about the cashflow bit, but from my limited knowledge on the subject, I think after 80%+ ownership, they just take out minority interests after having consolidated the acc's?
 
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