SMM 0.00% 0.4¢ somerset minerals limited

let the sellers speak, page-5

  1. 145 Posts.
    What was revealed in last weeks announcements that wasn't already known? Tax loss?? Big deal. If anything moving armenian costs from capitalized to expensed is a positive and certainly doesn't effect the cash position of the company.

    Assets:

    Iberian. A dud, cut it loose along with those responsible.

    Chile. Profitable high cost mine but no sign of copper prices heading south of $3 so no cause for panic there. Plus potential at Filipina Grande.

    $40 mill market cap. I mean fair dinkum! So what, in the public domain, would cause the SP to be sub 3 cents??

    It seems to me that either this is mad panic and shorting in a bear market getting more bearish or;

    undisclosed (yet to be disclosed) info being traded on by those in the know or;

    BBY clients bailing on mass and selling into the spiral.

    Any other ideas???

 
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Mkt cap ! $4.123M
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0.4¢ 0.4¢ 0.4¢ $2.5K 625K

Buyers (Bids)

No. Vol. Price($)
23 11120580 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 95084 2
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Last trade - 10.08am 29/07/2024 (20 minute delay) ?
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