SMM 0.00% 0.3¢ somerset minerals limited

sack hugh now he has failed, page-59

  1. 47,697 Posts.
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    tophat

    Appreciate the advice & consoling words - gave me no joy to cut & run, thereby acknowledging that my research had been inadequate. However, my investment plan requires such discipline & any re-entry will only be after some very positive signs.

    The sheer volume of registered Sells vs very low number of Buys was very disturbing today [reminiscent of the selloff by Latitude that smashed the SP]. This was even more so when a mysterious bid for 5 million shares at $0.007 [Bondy? - LOL] popped up [which of course could not be seen on CommSec etc & which only list the 10 closest price levels.

    Others have queried directors' support for TMR via share holdings. B4 selling & on CommSecs Professional Trader I found that:
    . On April 1 2008 HC held 2,865,000 direct shares, 17,450,000 indirect shares & 4,200,000 options.
    . On March 3 2007 HC held 10,100,000 direct shares, Nil indirect shares & 4,200,000 options.
    . MF had increased direct shares from 1,750,000 to 4,450,000 & still held 5,000,000 options
    . RP still held 64,844,696 direct shares
    . S has picked up 1,000,000 direct shares & still held 3,000,000 options
    Unless this has changed since April 1 Directors appear to still be investing in TMR & I wish current holders the best of good fortune with it.

    4YIO - NFA




 
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Mkt cap ! $3.092M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $4.222K 1.407M

Buyers (Bids)

No. Vol. Price($)
19 16275000 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 1304545 3
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Last trade - 10.08am 08/08/2024 (20 minute delay) ?
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