SMM 0.00% 0.3¢ somerset minerals limited

game over, page-9

  1. 1,516 Posts.
    Hopefully they'll be allowed to wait for commodity prices to go back before selling up. That's the only way they have a chance to keep this alive.

    Someone here said that at the Shareholders Briefing in August (i think) Hugh said that he rated the company at 24c under current market conditions, is he allowed to mislead shareholders like that?

    The only good thing to come out of this is the directors have been badly burned as well, they hold around $500k each. Not that that helps me much.
 
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