SMO smc gold limited

court today, page-5

  1. 8,141 Posts.
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    re: big buy Nothing to do with selling shares they said they would not, otherwise they would still be under escrow.

    This is from an earlier post of mine:

    "Contacted the company yesterday, Rob Kidd said it was to do with machinery and tax credits. They were quite clever to change the payment for CMT from a cash payment of $3,000,000 to instalments as this way they can now get the courts to reduce the payments first agreed under the contract."

    I agree that the case is keeping the price low, however, once it is resolved, and if in SMOs favour, the share price will move up.

    regards.
 
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Currently unlisted public company.

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