NEWS: DALE WALLSTER IN SMH
posted on
May 19, 2010 04:35PM
Ah so now Mr Wallster is public.
He currently owns well over 9,200,000 shares and owns 12.87% of the company.
That, coupled with Dundee's over 6,000,000 shares (or 8.39% of the company at an average of 25.44 cents) puts a powerhouse pair together for SMH.
Dale has exercised 1,500,000 warrants at 60 cents for gross proceeds of $900,000 in the treasury.
It looks like there are some serious people in here.