placement 2+mil The placement of place 31.125 million shares at 8c
each, raising $2.49 million, is exactly what caused the market in SMO to collapse
The market always seems to know
Maybe people with large holdings get to sell theirs @ the current market price & are guaranteed to have their shares replaced by a concrete offer offer of a lower buying price. This suits both the seller & the vendor of the "new" shares
Gees old age makes a person's thinking twisted
It has always intrigued me that the market nearly always knows something is afoot
Another example
I'll buy some more SMO not that i know the cause of the weak share price & hope the share price does better this time - NO MORE ISSUES
At least now they have got cash for the next ................
SMO
smc gold limited
