SMM 20.0% 0.4¢ somerset minerals limited

biggest nearology play on the asx, page-79

  1. 2,319 Posts.
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    An issue is the SP and current SOI. It is double edged sword - tightly held, low dilution, rapid price movements etc etc.

    But it also means it is perceived as 'expensive' compared to other gold hopefuls trading in the 1, 2, 3 etc cents range, even through in reality a market cap of 10mil is tiny, and market cap is what companies should be compared on. This is a psychological barrier we need to get through.


 
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