SMM somerset minerals limited

share purchase plan, page-10

  1. 3,702 Posts.
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    Yes the share issue is dillutionary but they probably need the money.

    At least they gave us shareholders a option to participate. Most company would have done a straight out placement. They may still end up having to do a placement if shareholders dont participate

    If this company is a billion dollar company in 2010 you wont hear any shareholders complaining.

 
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