SMM 33.3% 0.4¢ somerset minerals limited

i have had enough, page-2

  1. 2,944 Posts.
    What is the mess? Essentially TMR ends up as majority shareholders of an illiquid IBR. My guess is HC will undertake a massive rights issues for IBR underwriiten by TMR. The minority sholders would then really be up sh#t creek.
 
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