SMR 0.89% $3.33 stanmore resources limited

Bigger than Whitehaven Coal !, page-5

  1. 2,478 Posts.
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    What will the share price be long term hard to say

    more concerned about the CR share price
    at first I thought that the major shareholder would want a low sp to get more shares

    now I think it does not matter how low the sp is because their percentage of holdings is the same no matter what price is the sp

    one way to increase their percentage is to set a HIGH sp for the CR this would encourage retail holders to sell their rights and they end up with a larger percentage of the company

    interesting
 
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