SMM 25.0% 0.3¢ somerset minerals limited

the winner, page-13

  1. 1,516 Posts.
    Sure but the 2.39% holds no value to TMR or to the two 11.40% IBR holders.

    The two investors with 11.40% together hold the balance of power so they don't need any of the remaining 2.39% and neither do TMR as it won't help them get over the 90% mark.

    That 2.39% is just floating in no mans land. I think you're overestimating the significance of your small holding in IBR.
 
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