SMM 0.00% 0.3¢ somerset minerals limited

the winner, page-15

  1. 1,516 Posts.
    But who's going to want your IBR shares. Not TMR or the two investors that hold 11.40%, so who?

    As long as those two investors continue to hold 11.40% (the balance of power) then your shares are meaningless and if one or both decide to sell up to TMR then your shares will be worthless.

    I just don't see the upside for the 2.39% IBR holders and you have yet to convince me otherwise.

 
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