GREY:SWYDF - Post by User
Comment by
elitespooneron Jan 20, 2011 10:12pm
460 Views
Post# 18005308
RE: RE: Consolidation
RE: RE: ConsolidationAgnico-EagleMines Limited 15.3%
Rio Tinto 8.6%
Lorito Holdings (Lundin Family) 5.6%
Management and Directors 1.8%
Institutional Investors 49.5% (estimated)
Retail 19.2% (estimated)
While I agree with everyones post here, Ive actually voted my shares recently and remained skewed on the issue. What I dont like is the timing of this, it would be nice to see the market reaction to the 2011 news.
I can assure you, we will expierence a higher degree of the volatility of our share price if and when an announcement of delays occur on the road, budget or cost overruns and/or expierence delays in construction.
The consolidation should have occured after 2011 and when construction was completed but Im only a small voice in the retail section.