SMM 0.00% 0.4¢ somerset minerals limited

starting thread number 3, page-28

  1. 22,691 Posts.
    Acorn Capital sold the bulk of- or all their 14 mill shares and is not a substantial holder anymore.

    While on the one hand they formed part of the protection being a big shareholder, we won't be having them constantly feeding shares for sale anymore and that is a positive IMHO.

    They sold the latest bundle for $2.83 while the current price is $3.44

    The announcement was at 3.51 pm which was virtually at the end of trading. The market should now be informed.

    Gerry
 
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