I noticed this report was marked as not price sensitive and yet on cosecutive down days the price has risen as you might expect given the good news...I wonder why som chooses to not mark it as sensitive given the optimistic spin in its dialogue.. I further cant understand the logic of a 20 to one share reduction. Ten to one I could accept but I think there wont be enough shares on issue for stable trading when there are only 40 mil on issue ]which are tightly held[. I would think the s'holder base needs widening for stability of SP not restricting. It will sure get rid of minority s/holders Experience of the past tells me the company after the reduction then have a capital raising at 50c discounted on a trading price of say60c or hopefully 90c and we start all over again with people selling because they dont want to or cant find the cash to take up the offer. What is the agenda?? Any thoughts? Im a bit lost on this proposed move I'm thinking I'll top up to a nice round easily divided number and hang on. Jmo dyor
SOM Price at posting:
60.0¢ Sentiment: Buy Disclosure: Held
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